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Which of the Following Is True About the Ability of a Partner

Question 116

Multiple Choice

Which of the following is true about the ability of a partner to withdraw from a general partnership?


A) Partners always have both the power and the right to withdraw from a partnership.
B) Partners always have the right, but not necessarily the power, to withdraw from a partnership.
C) Partners always have the power, but not necessarily the right, to withdraw from a partnership.
D) In some cases, partners have neither the right nor the power to withdraw from a partnership.
E) Partners always have the power to withdraw from a partnership and, under the Uniform Partnership Act, the right to withdraw from a partnership within thirty days after it is formed.

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