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Assignment Due Rabito March

 
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Waterstone
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Joined: 31 Jan 2005
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PostPosted: Sat Feb 28, 2015 12:37 am    Post subject: Assignment Due Rabito March Reply with quote

Several doctors formed “Medical Center” partnership to conduct hospital business. The partnership agreement designated Rabito as the managing partner with authority to sign leases and other contracts. Rabito dies and his will leaves his partnership interest, including the management rights, to Hospital Center. Hospital Center claims they are now a partner in “Medical Center” with the managing rights. Discuss Hospital Center’s rights in the “Medical Center” partnership. Include in your answer what rights Hospital Center acquires under Rabito’s will?
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