Leonard, ted, and julius were partners of the firm jutle associates. julius nonwrongfully dissociated himself from the partnership. under these circumstances, julius will not be liable to the creditors for the liabilities incurred while he was partner only:
if all the partners consent to it.
if there is an agreement.
if there is a court order.
by novation

Singer and mcmann are partners in a business. singer’s original capital was $40,000 and mcmann’s was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmann’s share of the income be if the income for the year was $15,000?