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If a Partner Has the Power,but Not the Right,to Withdraw

Question 127

Multiple Choice

If a partner has the power,but not the right,to withdraw from a partnership,this means that:


A) the partner cannot withdraw from the partnership.
B) the partner can withdraw from the partnership only with court approval.
C) the partner can withdraw from the partnership, but could be liable for any resulting losses to the other partners.
D) the partner can withdraw from the partnership without any liability or penalty.
E) the partner cannot withdraw from the partnership unless the other partners agree.

Correct Answer:

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