On Wed, Jun 25, 2008 at 9:41 PM, Kerim Aydin <[EMAIL PROTECTED]> wrote: > > On Wed, 25 Jun 2008, Quazie wrote: >> This CFJ seems to be FALSE. Why should a member of a partnership >> incur obligations when the partnership's obligations devolve onto em. > > Um, because that's very the definition of obligations devolving onto em? > Or how would you define it? -Goethe >
If I am already incurring an obligation because I am a member of a partnership, why should I individually also incur an obligation? When a partnership incurs an obligation, it is devolved onto all members, not just one in particular, so if for example Human Point Two had to give 4 shillings to Goethe due to an obligation it incurred as a result of another contract, this obligation could be fulfilled either by HP2 giving Goethe 4 shillings or Quazie and OscarMeyr giving Goethe a total of 4 shillings for HP2.
