How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask justiceb4all Your Own Question

justiceb4all
justiceb4all,
Category: Multiple Problems
Satisfied Customers: 11730
20073497
Type Your Multiple Problems Question Here...
justiceb4all is online now
A new question is answered every 9 seconds

Liz and Nero catering business

Resolved Question:

Liz and Nero run a catering business known as Langhorne Caterers. they agreed that they will share management decisions and will share profits and losses equally, they have an agreement that neither of them will spend more than USD 1000 on equipment for the business without the consent of the other, Liz decides to purchase new oven in the name of the busieness and she is convineced it will improve the quality of their food, the oven cost USD 4500, Nero starts a regular private arrangement, catering for the local art group on sunday afternoons, which he doesnt tell Liz about, he makes significant profits from this venture.


 1. discuss the nature of liz and nero business relationship, would they need to register a business name??


2. who will be liable fro the cost of the overn


 3.what action can liz take against nero in relation to his private catering agreement

Submitted: 11 months ago via Cornell Legal Info Institute.
Category: Multiple Problems
Expert:  justiceb4all replied 11 months ago.

Hi, my name is XXXXX XXXXX I will be glad to assist you,

 

1. Liz and Nero are operating their business as a partnership and if they are dividing profits and losses equally, they are equal partners. Since they are not using their names as the name of the partnership, they would have to file a Fictitious Name Registration in the State in which they formed their partnership. They would have to obtain a License to do business in their home State as well as in each state they intended to conduct their business.

 

2. Both Liz and Nero will be liable for the cost of the oven on the legal principle of "Agency". Regardless of any agreement they have among themselves, as between the partnership and third parties, each partner has authority to bind the partnership in transactions with third parties. Therefore, when Liz purchased the oven, the seller looked upon Liz as acting on behalf of the partnership and could rely on her status as partner who had authority to bind the partnership.

 

 

Please be kind enough to rate Excellent Service" so that I receive credit for assisting you, it will not cost you anything additional to give me a positive rating, and that is the only way I can receive credit, Thank you for understanding,

 

 

If you receive a Customer Satisfaction Survey from JustAnswer, Please rate a 10 as it gives me a greater opportunity to assist other customers on this website and is greatly appreciated,

 

 

Thank you for allowing me the opportunity to assist you,

 

ANDREA

 

justiceb4all,
Satisfied Customers: 11730
Experience: 
justiceb4all and 2 other Multiple Problems Specialists are ready to help you
Customer: replied 11 months ago.

 


Nero starts a regular private arrangement, catering for the local art group on sunday afternoons, which he doesnt tell Liz about, he makes significant profits from this venture.


the business enjoy great success and Liz and Nero employ three fulltime employees to assist them Daniel, Ivan and Jidi, Daniel is employed as chef but doesnt always turn up to work on time. other employees find him difficult to work with, three months later Liz and Nero fired him without notice.


Daniel is also a talented music composer. he plays an unreleased composition to jidi after work one evening. After hearing the composition, Jidi goes home and composes a piece of music which sounds virtually identical to Daniels especially the chorus, Jidi then sends the music to a distributor in releases it in Europe, Jidi makes a lot of money from the sales of the CD.

Expert:  justiceb4all replied 11 months ago.

This is an entirely new question because it does not ask for any clarification of the Answer I gave you and you have not rated my service to you in your first question,

 

 

 

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Last | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX
 
 
 

Meet The Experts:

 
 
 
  • linda_us

    Master's Degree

    Satisfied Customers:

    1051
    Business Analyst and Solution Consultant with over 9 years of experience.
< Last | Next >
  • http://ww2.justanswer.com/uploads/LI/lindaus/2012-6-10_04811_IMG20120609164157.64x64.jpg linda_us's Avatar

    linda_us

    Master's Degree

    Satisfied Customers:

    1051
    Business Analyst and Solution Consultant with over 9 years of experience.
  • http://ww2.justanswer.com/uploads/ED/educatortech/2012-6-7_1256_williams4.64x64.jpg Mr. Gregory White's Avatar

    Mr. Gregory White

    Master's Degree

    Satisfied Customers:

    775
    M.A., M.S. Education / Educational Administration
  • http://ww2.justanswer.com/uploads/FL/FLAandNYLawyer/2012-1-27_14349_3Fotolia25855429M.64x64.jpg FiveStarLaw's Avatar

    FiveStarLaw

    Doctoral Degree

    Satisfied Customers:

    565
    Lawyer, Accountant and Researcher
  • http://ww2.justanswer.com/uploads/BU/BusinessTutor/2012-2-2_115741_Kouki2.64x64.jpg Manal Elkhoshkhany's Avatar

    Manal Elkhoshkhany

    Bachelor's Degree

    Satisfied Customers:

    528
    Completed by BA degree in 1988 and graduated with a GPA of 4.0
  • http://ww2.justanswer.com/uploads/JawaadAhmed/2009-6-27_12137_SIs_SHadi.jpg F. Naz's Avatar

    F. Naz

    B.Com

    Satisfied Customers:

    384
    have completed B.Com and CA Finalist
  • http://ww2.justanswer.com/uploads/JK/jkcpa/2011-1-16_182614_jkcpa.64x64.jpg Bizhelp's Avatar

    Bizhelp

    CPA

    Satisfied Customers:

    373
    BA degree and Certified Public Accountant
  • http://ww2.justanswer.com/uploads/MY/MyVirtualCPA/2012-7-5_44024_cookmegan1.64x64.jpg MyVirtualCPA's Avatar

    MyVirtualCPA

    Master's Degree

    Satisfied Customers:

    135
    Master's degree holder who loves to help you understand your MC homework problems
 
 
 

Related Multiple Problems Questions