_____ Under the Revised Uniform Partnership Act,

Name: _____ Under the Revised Uniform Partnership Act,
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The Revised Uniform Partnership Act does not require interest to be imputed on partnership capital, does not mandate a salary allowance for partners active in management, does not specify that GAAP must be followed, and does not state that some partners need not be general partners. These specifics are typically determined by the partnership agreement rather than being mandated by the Act.