Re: Re: Re: Re: Re: Re: BIG TERM CASES

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Posted by jax (66.25.36.240) on May 30, 2003 at 13:38:44:

In Reply to: Re: Re: Re: Re: Re: BIG TERM CASES posted by Ken Young on May 30, 2003 at 00:43:59:

: :

Upon the death of a partner in a partnership, there is no longer a partnership!

The surviving partner has to wind up the business, and is responsible for any loss after the death of his partner, but the spouse of the deceased partner is still entitled to her share of the PROFITS after the death of her husnand.




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