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Law 101 Discussion 2
Action Items
hat are the differences between general partners and limited partners in a
limited partnership?
PART 2
Law 101 Case Study
Action Items
repare a case study that requires critical thinking. The case study should
include related questions and guiding answers.
.C., Inc., had a franchise agreement with McDonaldàCorporation to
operate McDonaldàrestaurants in Lancaster, Ohio. The agreement
required J.C. to make monthly payments to McDonaldàof certain
percentages of the gross sales. If any payment was more than 30
days late, McDonaldàhad the right to terminate the franchise. The
agreement also stated that even if McDonaldàaccepted a late
payment, that would not ïnstitute a waiver of any subsequent
breach.±. Textbook of Law 101
ubasek, N. K., Brown, M. N., Herron, D. J., Giampetro-Meyer, A., Barkacs, L.
L., Dhooge, L. J., & Williamson, C. (2012). Dynamic business law (2nd ed.,
Custom Publish). New York, NY: McGraw-Hill. ISBN:0-07-757264-5.
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