Each partner owns and has use of the property acquired by the partnership, unless otherwise stated in ____.
A)the corporate charter
B)the partnership agreement
C)the commercial code
D)proprietary bylaws
E)SEC regulations

Question

Each partner owns and has use of the property acquired by the partnership, unless otherwise stated in ____. ​
A)the corporate charter
B)the partnership agreement
C)the commercial code
D)proprietary bylaws
E)SEC regulations

Quizplus · Accepted Answer

The partnership agreement outlines the terms, conditions, and operations of the partnership, including the ownership and use of property acquired by the partnership.

Each Partner Owns and Has Use of the Property Acquired