Business, 30.11.2019 04:31 bks53

Michael, sarah, and mindy are partners in a limited partnership that buys commercial real estate. michael and sarah are limited partners, and mindy is a general partner. business is booming, so mindy asks sarah for . sarah offers to buy land from landinvest co. , expressly stating that she is acting as a representative of the limited partnership. sarah drafts the contracts, participates in the negotiation, and completes the sale on her own. sarah also takes on bookkeeping and related tasks to free up mindy to locate new sellers. if a dispute arises with landinvest co. related to the contract, and landinvest co. sues the limited partnership, it is possible that:

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Michael, sarah, and mindy are partners in a limited partnership that buys commercial real estate. mi...

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