Zach and Tasia operate YELLOW GOODS, a distributor of Swiss cheese, Law Question help

Question Description

Zach and Tasia operate YELLOW GOODS, a distributor of Swiss cheese. Zach is responsible for marketing and buying inventory. Tasia is responsible for hiring, accounting, and other administrative duties. Zach and Tasia, however, split all other management responsibilities equally. Tasia is entitled to 50% of the profits. Zach is entitled to a salary of $135,000 per year. His salary is drawn from the profits, but he is not entitled to a percentage of profits or any funds beyond his $135,000. I. The presentation of your paper shall adhere to the following structure:

a. Issue – Identify the issue(s)

b. Rule – Identify and explain/define the applicable rule, term, or concept

c. Analysis – Apply the applicable rule, term, or concept to the facts. And, present arguments for both sides.

d. Conclusion – Pick one side and give a conclusion II. Formatting rules a. Times new roman 12 Point font

b. Double spaced c. End justify (both right and left)

d. Include page numbers e. 0.75 inch page margins all around

f. Header should take up no more than two lines and should include your name, student id, class, and assignment name g. Case should be no more than three pages, no less than one

h. References – APA format (should have its own page)

Final Answer

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Issue – Identify the issue(s)

In this scenario, it is important to understand that a partnership is founded on agreements
between two or more people where all partners are involved in making decisions concerning the
business. Partners should spell out what each and every individual contributes to the company
(The Partnership Act, 2010). These contributions could be concerning financing, property, labor,
customers and the expectations of each of them. These agreements could either be in writing in
oral terms. The iss...

Robert__F (44948)
New York University

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