Case Problem:
Hugo and Charles were brothers who did business as partners for several years. When Hugo died, Charles was appointed administrator of his estate. Tax returns disclosed that the partnership business continued to operate just as it had before Hugo’s death and that Hugo’s estate received the profits and was charged with the losses of the business. Did Charles have the authority to continue the partnership business after the dissolution of the partnership brought about by Hugo’s death, and are the assets of Hugo’s estate chargeable with the liabilities of the partnership incurred after Hugo’s death?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.