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Which of the Following Statements Is True About the Uniform

Question 34

Multiple Choice

Which of the following statements is true about the Uniform Partnership Act?


A) A partnership agreement is generally enforceable, except in situations where its terms differ from the provisions of the act.
B) The act can be thought of as a "gap-filling" statute that applies when a partnership has no partnership agreement provision addressing a particular issue.
C) The act requires that partnership agreements be in writing in order to be enforceable.
D) The act prohibits individuals from varying its terms in partnership agreements.

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