Guy and Hanna do business as G-H Associates.If G-H is a partnership,it is governed by the Uniform Partnership Act
A)in the absence of an express agreement.
B)in the absence of an implied agreement.
C)only in the presence of an express agreement.
D)under all circumstances.

Question

Quizplus · Accepted Answer

The Uniform Partnership Act (UPA) governs partnerships in the absence of an express agreement. If there is an express agreement, the terms of the agreement will govern the partnership instead of the UPA.

Guy and Hanna Do Business as G-H Associates