A partnership agreement:
A) in written form is highly mandatory.
B) in written form is needed if it creates a partnership in excess of one year.
C) can be modified only after the limited partners have consented to the modification, unless the agreement states otherwise.
D) normally does not state the salary or drawing accounts.
Correct Answer:
Verified
Q2: The Revised Uniform Partnership Act (RUPA) describes
Q3: Management of a limited partnership business is
Q4: A court may find two persons to
Q5: The final act of winding up a
Q6: After retiring from Jones Corp., a partnership
Q7: Dissociation refers to any change in the
Q8: Partners can at any time unanimously agree
Q9: The Revised Uniform Partnership Act (RUPA) does
Q10: A partner who wrongfully dissociates loses the
Q11: Limited partnerships have one or more general
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