2007-09-23 05:19:58 · 4 answers · asked by gary_mole 1 in Business & Finance ➔ Small Business
sure, best bet is since he is uncooperative, is to sell them to the first drunken homeless person you see.
2007-09-23 05:31:11 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Only if your Partnership agreement says so, if not you may have to 'sell' to the business itself ...... if it has insufficent cash (or the only other option) might be that the business be wound up and the assets sold off to pay back your share ... again check your agreement
NB> even if you can sell your shares, in these situations it's often almost impossible to judge what's a 'fair price' .. you need to consult you Solicitor
2007-09-23 05:52:00 · answer #2 · answered by Steve B 7 · 1⤊ 0⤋
If you really are asking this question on here then I suspect that you should not be holding any shares let alone be 'in business'.
2007-09-23 05:32:29 · answer #3 · answered by Francis Henry 4 · 2⤊ 1⤋
look at your articles of incorporation. Your partner may simply have the right of first refusal or the sale of your shares may require his explicit approval.
2007-09-23 05:35:44 · answer #4 · answered by Homer J. Simpson 6 · 1⤊ 1⤋