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[Music] was presented with this legal question about a partnership for a restaurant up in the mountains and i wanted to sort of go through it with everybody and let you know uh the answer i think its pretty good learning experience good opportunity for you to learn a little bit all right so heres the question we started a restaurant and there are four equal shares 25 each after about eight months now one of the partners is telling not asking to step away hes given us a number that is pretty reasonable but hes not including the numerous loans and deficits that weve incurred in the first year of business since we didnt sign any articles or agreements are we even legally obligated to give him anything is there a way to dissolve his shares or should we just pay ourselves bigger salaries thanks any help would be appreciated alright so this all right this is really a great [Music] question [Music] really depends on what type of agreement the parties in the business entered so these wou
