Welcome to the site. I'm PDtax, and will be helping you.
to Q & A...
Thank you for partially answering my question. I will appreciate very much for you coming back to me for the remaining answer to my 3-part question.
The right answers will serve as my review for my upcoming exam in legal aspects of business. I like the fact that you came back to me promptly even without the complete answers, that makes it promising to subscribe to this site's services after my trial period. Awaiting for the rest of the answers. Thank you.
Please let me know your answer to Item B.
b. Can the Y-Corp. validly enter into the above management contract?
I need your expertise in answering the 2 following questions:
o 11. X writes B offering to sell a piece of land for P100,000, and at the same time receives from B a letter offering to buy the same land for P100,000. Is there a perfected contract? Explain.
2. A, B and C are partners in X Partnership. The partnership is dissolved by A’s death. B thereafter transacts business with D, a third person. The transaction does not refer to winding up of partnership affairs nor is it designed to completed transactions begun but not finished at dissolution. May the partnership be found? Explain.
Thank you. Gene