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business partnership

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B

borpage

Guest
I bought out the majority interest in a business in florida. I am not incorportated. It was a agreed between myself and the remaining 2 individuals they would pay monthly installments to buy into this company because they had not previous done so. It was also agreed that if payment was late, they could not make any claim to the company. I did not get them to sign this form. They have made one payment each. I would like to know if that payment means they are legally bond by the agreement and if I am in my right to remove them from the company.
 
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