Which of the following best describes the articles of a partnership?
A) It is a written agreement of partnership between all partners.
B) It is an unwritten agreement between the founding partners.
C) It is the terms of partnership as described by company law.
D) It is a verbal agreement to form a partnership between the primary partners.
Correct Answer:
Verified
Q1: Which of the following is a right
Q3: In the absence of a statute to
Q4: Mark and James established a partnership firm
Q6: If a partner acts as an agent
Q8: When a partner makes an honest mistake:
A)
Q9: Each partner has the duty to inform
Q10: Each partner must keep a written record
Q11: Which of the following is a duty
Q17: Every partner has the duty to abide
Q20: If a partnership agreement does not fix
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