The pke business formed behind richards back was a


1. After it went to court, the court declared that a partnership can't exist with only one person overseeing and running it. Do you agree or disagree? Justify your answer.

2. The PKE business formed behind Richard's back, was a competitor of RC Electronics, the original partnership formed. The article argued that if it was found that PKE was competing with RC Electronics, then PKE would owe the funds earned that could have been earned by RC Electronics. Do you agree with this judgment? Provide an explanation for your decision.

3. Let's say you were Richard in this scenario, would you remain in the RC Electronics partnership after learning about PKE or would you dissolve the partnership? Explain your decision and the ethics behind your choice.

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Accounting Basics: The pke business formed behind richards back was a
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