If two sisters,Simone and Claire,were setting up a partnership to provide French lessons,which of the following arrangements would require a change to the default rules under partnership law?

Question

Quizplus · Accepted Answer

By default, partnership law requires partners to make management decisions jointly, meaning both sisters would need to participate in making decisions for the partnership. However, option D states that one sister can make management decisions without involving the other sister, which requires a change to the default rule. Therefore, this arrangement would require a change to the default rules under partnership law.

All the other options do not require a change to the default rules under partnership law. Option A is a typical profit-sharing arrangement, Option B is a provision for cost-sharing, Option C is an equal contribution by both partners, and Option E is a capital infusion by the partners into the partnership business.

If Two Sisters,Simone and Claire,were Setting Up a Partnership to Provide