Wednesday, May 15, 2019
Memo Research Paper Example | Topics and Well Written Essays - 500 words
Memo - Research Paper ExampleWelcome Inc. is a joint take chances and operates under the new partnership laws of Mexico State. Therefore, any member among the partners is entitled to an equal treatment as ample as the organization is still operational. The law supports joint decision making for the venture regardless of the conflicts among the partners.Therefore, you, Mr. Morgan, jibe to the laws governing partnership corporations, you atomic number 18 entitled to equal rights and position in the poster of directors just uniform other partners in Welcome Inc. In addition, the partnership laws advocate for equal distribution of dividends among the shareholders of the company. As a lot as the board of directors makes decisions through voting, reducing the salary of a partner by 50% is vile according to the constitution governing joint entities.Therefore, whatever steps other partners are taking against you are illegal and unethical as per the law. Any partner in Welcome Inc. Mr . Morgan included, has a claim to the dividends of the organization, distributed equ ally. Furthermore, the concur salary for all the partners, as long as the partnership exists must be equal for all the members no partner is more superior than other partners and voting a partner out of the board of directors due to personal selfish interests is unlawful. Thus, as one of the partners at Welcome Inc. you are entitled to honorable salary, equally shared dividends and profits that the firm makes as long as it is
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