[Mortuary Blues] Jack and Bianca had a partnership running a mortuary. Bianca died, and after her death, Jack decided to shut down the mortuary. Jack incurred some expenses in closing the business affairs of the mortuary. He sought compensation for those expenses but Gus, the executor of Bianca's estate, objected. Gus also claimed that Jack had no rights in Bianca's share of the partnership property and that Gus, the executor, had the right to confiscate her share of the property and sell it at auction. Jack, however, took the position that all interests of Bianca passed to Jack and that Jack owed her estate nothing. The articles of partnership did not address death.
-Phillian and Millian enter into a partnership agreement and agree to bring in Millian's minor daughter Jillian to also serve as a partner in their partnership. Is this legal?
A) Yes, but the partnership agreement is voidable.
B) Yes, and the partnership agreement is valid.
C) No, this is not allowed by the UPA.
D) No, individuals serving as partners must have legal capacity to be partners and must be at least 18 years of age.
E) No, child labor laws do not allow minors to serve as partners.
Correct Answer:
Verified
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