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All main topics / Law / International Law / LAW
Tim, a partner in a construction firm, owes $10,000 personally to several creditors. To satisfy these debts, the creditors may obtain a charging order entitling them to

a. only Tim’s profits as a partner.
b. only Tim’s interest in partnership assets if the firm dissolves.
c. Tim’s profits as a partner and his interest in partnership assets.
d. none of the above.
a. only Tim’s profits as a partner.
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Flashcard info:
Author: Elisa
Main topic: Law
Topic: International Law
School / Univ.: Hanze Hogeschool
City: Groningen
Published: 14.02.2010




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