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What Is True About a Partner's Right to Participate in the Management

Question 125

Multiple Choice

What is true about a partner's right to participate in the management of the partnership?


A) Partner participation in management is allowed, but only if the partner has been elected as an officer or management committee member.
B) Partner participation in management is allowed, but only if the partnership agreement gives the partner such rights.
C) Partner participation in management is allowed automatically, but can be eliminated in the partnership agreement.
D) Partner participation in management is allowed automatically, and cannot be eliminated in the partnership agreement.
E) One person must be elected as a managing partner to manage the partnership business.

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