If partners in a partnership are in a dispute not covered in the partnership agreement, a court uses the Uniform Partnership Act, if the state has adopted it, to settle the matter.

Question

Quizplus · Accepted Answer

This is true. The Uniform Partnership Act provides default rules to govern partnerships in the absence of a specific agreement to the contrary. However, it's important to note that not all states have adopted the Uniform Partnership Act, and some may have made modifications to its provisions if they have.

If Partners in a Partnership Are in a Dispute Not