Which of the following would lack the capacity to become a partner?
A)A trust.
B)An adjudicated incompetent.
C)A corporation.
D)All of the above.

Question

Quizplus · Accepted Answer

An adjudicated incompetent, or someone who has been declared legally incapable of making decisions, lacks the legal capacity to enter into a partnership agreement. A trust and a corporation, on the other hand, can potentially become partners depending on the laws and regulations governing partnerships in their jurisdiction.

Which of the Following Would Lack the Capacity to Become