Multiple Choice
Resort Gift Shop is operated as a partnership, with five partners. Shan has a one-third interest in the firm. Each of the other partners has a one-sixth interest. Ted is the senior partner. With respect to management decisions
A) a majority of the partners must agree.
B) Shan rules.
C) Ted decides.
D) unanimous consent is required.
Correct Answer:
Verified
Correct Answer:
Verified
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