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Which of the Following Is True About the Uniform Partnership

Question 115

Multiple Choice

Which of the following is true about the Uniform Partnership Act (UPA?)


A) An attempted partnership agreement in a state where the UPA applies will be unenforceable.
B) A partnership agreement is generally enforceable, except in situations where its terms differ from the provisions of the UPA.
C) The UPA can be thought of as a "gap-filling" statute that applies when a partnership has no partnership agreement provision addressing a particular issue.
D) The UPA requires that partnership agreements be in writing in order to be enforceable.
E) The UPA prohibits individuals from varying its terms in partnership agreements.

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