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June 4, 2014 at 2:01 pm
I am a bit confused about liability. The lecture says that in both limited partnerships and limited liability partnerships someone needs to have unlimited liability. My textbooks say (if I’m understanding them correctly!) that there needs to be at least one general partner in a limited partnership who has unlimited liability, but all partners in a limited liability partnership have limited liability. Which is right?
May 29, 2014 at 12:29 am
thanks for this lecture
June 6, 2013 at 7:11 pm
Very professional, very clear & concise.
Thank you Mike & Open Tuition.
May 6, 2013 at 1:56 am
great work, God bless you for these lectures
April 15, 2013 at 9:58 pm
April 1, 2013 at 9:16 am
Very nice lecture Mike, thank you so much for this and thank you open tuition for this wonderful website.
With ref: to case Salomon. Was there no alternative for the creditors to have their £15K back, I mean I’m fine with the concept of separate legal personality Mr Salomon saved back his money, however from a creditor’s perspective it might appear unfair to lend / provide money in return for a loan note / debenture but then have nothing in return? (specially we are referring to “secured” debenture in this case). Thank you for advising.
May 6, 2013 at 6:35 am
The company DID get something in return. The £15,000 secured debenture was issued by the company as part of the purchase consideration when the company bought out the sole-tradership of Mr Salomon
November 21, 2012 at 2:59 pm
October 4, 2012 at 3:36 pm
Detailed and well explained, thumbs up to open tuition!
June 8, 2012 at 1:28 pm
could u pls check, there is no volume to the F4 lectures
June 8, 2012 at 1:51 pm
maybe you clicked ‘mute’ button?
audio works fine,
June 5, 2012 at 12:48 pm
I feel so confident now!!! 😀
April 5, 2012 at 9:09 am
love the lecture greate work opentuition
November 18, 2011 at 12:26 pm
I wish so much that I knew of this site earlier. So glad I have found you
November 3, 2012 at 9:03 pm
are giving f4 now. whre are you from. i am from P
May 31, 2011 at 2:48 pm
it was a good assistace
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