Can the shares of the partnership open a restaurant at a loss and decide to close the door?

Updated on Restaurant 2024-08-25
1 answers
  1. Anonymous users2024-01-24

    If you open a store in partnership, then it does not belong to a legal person, and there is no shareholder statement, the investor is a partner, and you can represent the store. Although he spends money indiscriminately and harms your interests, in the eyes of the other party, his behavior represents the unanimous intention of all your partners, so you still have to be liable. But you don't have a contract, and there's no basis for internal accountability.

    Given this attitude towards you, it is completely unsuitable for the development of the partnership. My suggestion is to quit or disband.

Related questions
1 answers2024-08-25

Individual partnership Article 30 An individual partnership refers to two or more citizens who provide funds, goods, technology, etc., in partnership and work together in accordance with the agreement. Article 31 The partners shall enter into a written agreement on the amount of capital contribution, distribution of surpluses, assumption of debts, entry into the partnership, withdrawal from the partnership, termination of the partnership, etc. Article 32 The property invested by the partners shall be managed and used by the partners in a unified manner. >>>More

1 answers2024-08-25

If there are accounts, provide them for inquiry, even if you are solely responsible for the operation, the partners will be responsible for the profits and losses of the partnership! >>>More

2 answers2024-08-25

Remember that black and white are legally valid.

1 answers2024-08-25

Negotiate before opening, and then find a legal person to get a contract, and a professional lawyer will plan a lot of details and responsibilities, including sharing. So it's best to have a professional lawyer draft a contract for you.

4 answers2024-08-25

50% of each shares, and then pay him an appropriate amount of labor every month.