QUESTION
i am in a bad partnership and i need to get out in a smart way
Asked on Oct 31st, 2012 on Business Law - Michigan
More details to this question:
if i sell this business, will i be liable if he did things he shouldnt do like bounced checks?
1 ANSWER
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It is entirely possible that, if you are a general partner, your partner can create liabilities for you. See an attorney. This is not the place for specific legal advice. Bring your partnership documents when you have your consultation. Good luck.
Answered on Oct 31st, 2012 at 2:31 PM