Graded Project Business Law 00802700

In: Business and Management

Submitted By chukki
Words 2772
Pages 12
Graded Project

Business Law

Contents Contents

INTRODUCTION MEMO FROM ATTORNEY TO PARALEGAL PARTNERSHIP AGREEMENT FORM ASSIGNMENT ADVICE FORMAT REQUIREMENTS RECOMMENDATIONS FOR LEGAL WRITING

1 1 3 7 7 8

iii

INTRODUCTION
For this graded project, you’ll modify a generic partnership agreement form to meet the needs of two hypothetical clients. The clients want to buy and race a horse named Can Do. Figure 1 is a memo from a supervising attorney detailing the clients’ needs. Figure 2 is the partnership agreement form you’ll modify. You’ll analyze the results of the attorney’s memo and then make the necessary changes to the agreement.

MEMO FROM ATTORNEY TO PARALEGAL
Figure 1 is a memo from your supervising attorney giving you a summary of her meeting with our clients. The items in the memo detail the information to be used in the agreement form. Note that this information isn’t in any particular order. You must determine the appropriate place in the agreement form to insert the information. Blank lines have been added to the agreement form in Figure 2 to help you determine where something needs to be added to the agreement. Note that an MAI appraiser is someone who evaluates residential, industrial, or commercial properties and who gives suggestions to investors in real estate.

Is Buying a Racehorse Madness?
Are our clients Tim and Bert foolish to buy a racehorse? Well, Kiplinger’s Personal Finance Magazine carried a story in 1998 concerning a partnership of about two dozen race fans that bought horses. The partners weren’t counting on making a lot of money; they just wanted some action. In fact, suggestive of their humble expectations, they chose to buy a mare named I Think Not. The article reported that it could cost upwards of $30,000 annually to train a horse. However, most horses earn less than half that amount each year. The partnership…...

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