If Two Sisters, Simone and Claire, Were Setting Up a Partnership

Multiple Choice

If two sisters, Simone and Claire, were setting up a partnership to provide French lessons, which of the following arrangements would require a change to the default rules under partnership law?

A) Simone and Claire each want to receive 50 percent of the profits from the business.
B) Simone and Claire would each contribute the same amount to the partnership initially.
C) Either sister can make management decisions for the partnership business independent of the other.
D) If one of the sisters had to pay out 100 percent of a business obligation, the other would reimburse her for 50 percent of the cost.
E) The sisters plan to buy a car which will be used only in the partnership business.