Question

question 8 (10 points)
if meinhard was so upset about the situation that he didnt want to be partners with salmon anymore he could ____________ from the partnership.
indemnity
dissolve
dissociate
force salmon to be removed from
question 9 (10 points)
as a partner, meinhard is entitled to inspect the partnerships books to make sure that salmon is not defrauding him in any other way.
true
false
question 10 (10 points)
if salmon and meinhard agreed to dissolve the partnerships, they would get paid from the partnership assests before any creditors.
true
false

Explanation:

• Question 8: In partnership law, "dissociate" means a partner's withdrawal from the partnership. "Indemnity" is about compensation, "dissolve" refers to ending the partnership entity (not just one partner leaving), and a partner can't unilaterally "force" another out in a general sense without specific contractual or legal grounds.
• Question 9: Partners have the right to inspect partnership books to safeguard their interests and check for any improper conduct like fraud.
• Question 10: When a partnership is dissolved, creditors are paid first from the partnership assets. Partners' claims (for capital, etc.) come after creditor claims are satisfied.

Answer:

• Question 8: C. dissociate
• Question 9: True
• Question 10: False