On 7/11/07, Zefram <[EMAIL PROTECTED]> wrote:
I hereby call for judgement, barring root, comex, and BobTHJ, on the
statement: to qualify as a member of a partnership one must be responsible
for all of the partnership's obligations. Argument:
Legal partnerships in most jurisdictions make all par
Peekee wrote:
> Why should
>(theoretically, not in terms of current rules) every member be
>responsible for everything?
That's the way a legal partnership usually works. Of course members
of a partnership divide up responsibilities internally, but
Quoting Zefram <[EMAIL PROTECTED]>:
Peekee wrote:
The partnership would have devolved all of its obligation.
Obligations are only devolved onto parties of the agreement.
The parties onto which the obligations are devolved number at least two.
Hmm. You might have found a bug there, it depends
Peekee wrote:
>The partnership would have devolved all of its obligation.
>Obligations are only devolved onto parties of the agreement.
>The parties onto which the obligations are devolved number at least two.
Hmm. You might have found a bug there, it depends on how "collectively"
is interpreted.
Quoting Zefram <[EMAIL PROTECTED]>:
Peekee wrote:
Does it need to pass all of its obligations onto all of its members?
Yes, that's how "member" is defined.
-zefram
A binding agreement governed by the rules which devolves its
legal obligations onto a subset of its parties, num
Peekee wrote:
>Does it need to pass all of its obligations onto all of its members?
Yes, that's how "member" is defined.
-zefram
Quoting Zefram <[EMAIL PROTECTED]>:
Peekee wrote:
What are the rules that specify that obligations of a Partnership must
be devolved to ALL of its members/parties?
That's not required. The requirement is that the obligations be devolved
onto at least two parties, who are then known as the me
Peekee wrote:
>What are the rules that specify that obligations of a Partnership must
>be devolved to ALL of its members/parties?
That's not required. The requirement is that the obligations be devolved
onto at least two parties, who are then known as the members.
>Rule 2145/1 (Power=1)
Out o
Quoting Zefram <[EMAIL PROTECTED]>:
Peekee wrote:
3. The sole purpose of this Agreement is to create a Partnership
for the nomic Agora. The Parties of this Agreement are the Members of
the Partnership.
...
6. Peekee shall ensure that the Partnership satisfies all
obligations that it incur
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