Business Law 2 Case: RNR Investments Limited Partnership v.

Business Law 2

Case: RNR Investments Limited Partnership v. Peoples First Community Bank (2002)

Please summarize the case, and make sure to include the facts, issues, reasons and decisions of the case! Thanks… 

Facts: Peoples First Community Bank (P) sought foreclosure of a construction project afterRNR Investments (D) defaulted on its construction loan.Issue: Is a partnership bound by the unauthorized…