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Re: Business Partner Dies/ Buying out His Share
Posted to Shop Management Forum on 6/17/2013 7 Replies

Mark, the death of a partner dissolves a partnership.

[...] [[...]]

The lease payments (for the next 13 years) are a liability until someone is found to sublet the lease.

The daughter has no choice but to settle and do it soon. There is no partnership. T... Login to read more.

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