Which of the Following Is Generally Not True of a Business

Which of the following is generally not true of a business alliance?

A) Tax considerations are often the primary motivation for forming the alliance
B) The events triggering dissolution of the alliance are generally spelled out
C) Remaining partners have a right of first refusal if one partner chooses to exit the partnership
D) One partner is generally responsible for day-to-day operations
E) Allocation of profits and losses follow from the allocation of shares or partnership interests