The legal system provides mechanisms for resolving disputes while preserving the integrity of partnerships. With
reference to this statement, outline FOUR ways in which disputes between partners in a partnership are legally
addressed.
In determining the name of a partnership for a newly formed business, identify six types of endings that a partnership could choose to add at the end of their preferred name.
Simon Peter was admitted as a general partner in the firm of Andrew, Mark LLP on 4 March 2013. On 7 March 2013 Simon Peter received a letter of demand from Mapeni Bank Ltd. requiring him and the other partners to service a loan of Sh.1 million which Andrew Jones and Mark Jones borrowed on 24 January 2013 in the firm's name. Simon Peter is not sure whether he should pay the loan and seeks your legal advice,
Explain to Simon Peter the legal principles applicable in the above case and advise him.
Milka Pendo and Joseph Karani are partners carrying on business in the name and style of Moja Enterprises. Joseph Karani has nevertheless set up a similar competing business while retaining his partnership in Moja Enterprises. Milka Pendo feels aggrieved and intends to expel Joseph Karani from Moja Enterprises.
Analyse the legal principles applicable in the above case and advise Milka Pendo