Stroud and Freeman are general partners in Stroud’s Food Center,agrocerystore.Nothinginthearticlesofpartnershiprestricts the power or authority of either partner to act in respect to the ordinary business of the Food Center. In November, however, StroudinformedNationalBiscuitthathewouldnotbepersonally responsible for any more bread sold to the partnership. Then, in the following February, at the request of Freeman, National BiscuitsoldanddeliveredmorebreadtotheFoodCenter. a. What are the arguments that Stroud is not liable to National Biscuit for the value of the bread delivered to the Food Center? b. What are the arguments that Stroud is liable to National Biscuit for the value of the bread delivered to the Food Center? c. Explain which arguments should prevail.
Stroud and Freeman are general partners in Stroud’s Food Center,agrocerystore.Nothinginthearticlesofpartnershiprestricts the power or authority of either partner to act in respect to the ordinary business of the Food Center. In November, however, StroudinformedNationalBiscuitthathewouldnotbepersonally responsible for any more bread sold to the
a. What are the arguments that Stroud is not liable to National Biscuit for the value of the bread delivered to the Food Center? b. What are the arguments that Stroud is liable to National Biscuit for the value of the bread delivered to the Food Center? c. Explain which arguments should prevail.
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