Case Related To The United States Business Law
Proposal
The topic of the Term Paper must relate to a topic covered in this course. Term
Paper assignment consists of two parts, a Proposal and the Term Paper itself.
A. Proposal (Due Date: October 15. I will accept early submissions)
This document consists of two sections:
1. Summary: 2 - 3 paragraphs, explaining what the student, at the beginning stage,
envisions as a final Term Paper: What is your topic, what are the issues or questions
to be discussed, how these issues/questions relate to the Course, why the student
chose this topic, and what approach is expected in developing and resolving the
issues.
2. Outline: A structured outline of the Term Paper the student expects to write. This
should contain as much detail as practicable, including some cited resources, to give
me an idea of how the intended Term Paper is to be structured. The major points
should be listed and labeled in Roman Numerals (I,II,III,IV, etc…). Point I should be
labeled “Introduction” and your last point should be labeled “Conclusion.” In between
these two points should be several points outlining the major topics you plan to
discuss. Under each point should be subpoints containing the supporting ideas or
5
arguments to your points. These may be labeled alphabetically A,B,C…..). Numbers
(1,2,3….) can also be used to provide further detail to the subpoints.
LAST UPDATE:
Hello, I'm sorry to ask you to revise it. Your writing level is really good, but this term paper my teacher told me to write a case about the United States, which happened in the United States and then associated with my ppt. Your term paper is related to my PPT, but it's not related to the United States business law. It's about Australia, about ASIC, which is not ok, plz write a case about the United States, related to the United States business law, related to my ppt, and your part two is really good, Please help me to revise it. I also sent a lot of new ppts. The conclusion is that we should write about the United States business law, not the laws of other places
Instructor:
Course:
Date:
Proposal
I-Introduction
My topic is Partnership Operation and Termination. It will address the dissolution of business partnership by one partner without engaging co-partners. This paper explores the position of the United States business law regarding taking exclusive possession of the properties or profits of a business in partnerships. Based on the Uniform Partnership Act (UPA), should a partnership be considered dissolved or not? What does the partnership agreement say about the shared property or the profits, especially on the ownership interest? Following the Karrick v. Hannaman, 168 U.S. 328, where Karrick dissolved a partnership formed in writing, taking away property acquired from the partnership, what does UPA say regarding the property rights? Can a partnership be dissolved by one shareholder without approval of the other, before its expiry?
II
Chapter 37 on All Forms of Partnerships defines partnership as a relationship between more parties to do business for profit's sake. Emeka (65) posits that partners being co-owners have the right to share in the business' profits and have an ownership interest in the business; hence, they share the gains under equal rights of involvement. This course chapter states that partnership agreements could either be oral or written, like in Karrick v. Hannaman, 168 U.S. 328. Should the partnership be dissolved, this Course provides that each partner get compensation for their share of profits. The property rights maintain that no individual partner should claim the partnership's property to either sell it or transfer its ownership.
III
Related to these issues, this course points out the factors to consider before terminating a partnership. Rather than just the dissolution of partnerships, partners need to collect and share the partnership assets fairly. Corbin (363) emphasizes that partners must exercise good faith during dissolutions. I chose this topic following the increasing need to address co-partners terms of engagement. My approach discusses the duties that partners owe each other in terms of service and loyalty, then address partners' rights in partnerships, including the right to profits and losses as well as compensation. Then lastl...
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