All of the following transactions are prohibited by a by a partner without the consent of other partners except: ______.
A) a contract that makes it impossible for the firm to conduct its usual business.
B) submitting controversies of the firm to arbitration.
C) making a general assignment of firm property for the benefit of creditors
D) lease agreement for office equipment

Question

Quizplus · Accepted Answer

Lease agreements for office equipment are generally considered part of the ordinary course of business and do not typically require the consent of all partners, unlike the other options which involve significant decisions or changes to the firm's operations.

All of the Following Transactions Are Prohibited by a by a Partner