BLAW 308 Lecture Notes - Lecture 2: Uniform Partnership Act
Document Summary
Facts: robert jackson, sharon magee, along with another partner agreed to raise a heard of bison. Magee owns land next to jackson and purchased 28% of interest in the herd. Rasmussen later becomes interested in their operation at the same time magee wanted to leave. Rasmussen then bought the magee"s land and came to an agreement to purchase her share of the herd, however there was never any execution. Jackson managed rasmussen"s herd while he was away and was given permission to have the herd all over rasmussen"s property. Rasmussen eventually had enough of having the entire herd on his land, notified jackson that the entire herd is no longer permitted. Rasmussen then filed an action against jackson seeking that he had no right on rasmussen"s land. Jackson counterclaimed for a breach of partnership agreement and violations of uniform partnership act.