Regarding partnership property: only a managing partner has the right to use firm property for...
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Accounting
Regarding partnership property: only a managing partner has the right to use firm property for firm business. where a threeperson partnership owns three autos, each partner owns one of the autos individually. on the death of a partner, that partner's share of partnership property vests in his or her next of kin. a creditor of a partner cannot proceed against any specific items of partnership property.
Regarding partnership property:
only a managing partner has the right to use firm property for firm business.
where a threeperson partnership owns three autos, each partner owns one of the autos individually.
on the death of a partner, that partner's share of partnership property vests in his or her next of kin.
a creditor of a partner cannot proceed against any specific items of partnership property.
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