Which of the following is true about managerial control in a general partnership?
A) The agreement has to provide for each partner to have equal voice in the firm's affairs.
B) Control may be divided for the firm to include controlling partners and minority partners.
C) The differences in the degree of control do not affect the business's success.
D) The possibility of deadlock is higher when there are more number of partners and an odd number of them.
E) Language governing issues of managerial control need to be made orally clear to all partners.
Correct Answer:
Verified
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