Sashes Inc. is a partnership firm dealing in the manufacture of casual clothes. Rahul, one of the partners of Sashes Inc., thinks that they should clear the old stock during Thanksgiving. For this purpose, Rahul _____.
A) requires unanimous agreement of all the partners
B) requires unanimous agreement of the general partners only
C) has the express authority to act
D) requires his decision to be ratified by any two general partners
Correct Answer:
Verified
Q32: Which of the following is true of
Q33: In terms of a partnership at will,
Q34: To act contrary to a partnership agreement,
Q35: The liability of partners for torts committed
Q36: A partner has express authority to do
Q38: _ releases a partner from liability for
Q39: MNO was a partnership that contracted for
Q40: The Revised Uniform Partnership Act (RUPA) holds
Q41: What are articles of partnership?
Q42: Under the Revised Uniform Partnership Act (RUPA),
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