Business, 22.04.2020 03:46, taniyasmith

In 1959, a limited partnership (Pacific International Fisheries) was formed. Nelson was the general partner, and Lieberman and M. and I. Winkleman were limited partners. The primary purchase of the partnership was a ship called the Jamene On May 1, 1959 the Jamene was destroyed by an explosion and fire initiated by Nelson. Lieberman and M. Winkleman sued the insurer (Atlantic Mutual Ins. Co.) to recover their loss. Are Lieberman and Winkleman entitled to payment?

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In 1959, a limited partnership (Pacific International Fisheries) was formed. Nelson was the general...