A Court Has Been Asked to Resolve a Matter Involving

Multiple Choice

A court has been asked to resolve a matter involving the disputed interests of partners regarding partnership property and their respective rights and duties in relation to the partnership.Which of the following would immediately provide the court with a basis for a decision?

A) on the basis of proportional distribution of the losses
B) on the basis of proportional distribution of capital
C) any terms expressed or implied in the partners' agreement
D) any expressed terms set out in the partnership agreement