California  |  Business Law

question bubble
1/18/05, 5:44 pm

Legal Question


Dissolution of a Partnership

My husband and his brother are trying to disolve their business. For the past two years my husband and has put over $15,000 investment into this business which includes advertising, rent, materials, and marketing. His brother is telling him everything is an expense except for materials. According to his brother, by law only the amount my husband has spent on materials will determine the portion of the assets my husband will get. Time and labor my husband spent manufacturing all the products will not be counted either according to my the law my husband's brother is going by. Is this true?


Search Past Answers:
  Advanced Search