Missouri  |  Business Law

Legal Question

Asked on: 1/27/10, 8:36 pm

I am a new partner in a business that makes a nice profit here in kansas city and we have several employees. There is only me and I am in my early 20's and my partner is in his late 50's. I know 100% our company makes a considerable profit each month however he has complete control of the finances and he takes all checks and keeps 100% of the profit. Isn't this called embezzlement?

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