Mary Kinga will accrue the following rights and obligations as an assignee
- She is entitled to receive the share of profits which the assignor was entitled
- She receives the share of the assignor in case of dissolution of the partnership.
- She is not personally liable for the debts of the firm if she is a minor
- She is entitled to attend meetings of the firm but not to note or contribute in the
- She is not entitled to inspect the books of account of the partnership.
- She is not entitled to interfere with the management of the firm.
(Visited 63 times, 1 visits today)
Share this: