The ________ codifies the body of law dealing with partnerships in the United States.
A)Small Business Partnership Agreement
B)Uniform Partnership Act (UPA)
C)Partnership Agreement
D)None of the above

Question

Quizplus · Accepted Answer

The Uniform Partnership Act (UPA) codifies the body of law dealing with partnerships in the United States. Option A (Small Business Partnership Agreement) is not a law but rather a document that sets out the terms and conditions of the partnership between the parties. Option C (Partnership Agreement) is a contract between partners that sets out the terms and conditions of the partnership rather than a law. Option D (None of the above) is incorrect as there is a specific law that governs partnerships in the United States, which is the UPA.

The ________ Codifies the Body of Law Dealing with Partnerships