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Free Books / Society / Law / Partnership, Private Corporations, Public Corporations / | ![]() |
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Section 47. Expense Incurred |
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This section is from the book "Popular Law Library Vol8 Partnership, Private Corporations, Public Corporations", by Albert H. Putney. Also available from Amazon: Popular Law-Dictionary.
While a partner may not charge for services rendered by him, he may charge for expenses incurred in the preservation of firm property either in the payment of the services of another or in the payment of material furnished.30
This power might be put under the authority to employ servants or to make purchases for the use of the firm.
 
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