Which of the Following Statements Is False Regarding the Treatment

Multiple Choice

Which of the following statements is false regarding the treatment of a partnership as a legal entity?

A) A partnership is often considered a legal entity when it is sued or being sued.
B) State law determines whether a partnership can or cannot be named in litigation.
C) Title to property can be put in the partnership name.
D) Every partner is considered an agent of the partnership, but not every partner has a fiduciary duty to all other partners.
E) Under the doctrine of marshaling assets, partnership assets are arranged in a certain order to pay any outstanding debts.