Multiple Choice
When a partner disassociates with a partnership, which of the following is true?
A) The partnership is no longer bound by acts of that partner, whether or not a notice is filed.
B) The disassociated partner is prohibited from competing with the partnership for a period of one year.
C) The disassociated partner may be liable for damages for breach of contract.
D) Notice need not be given to third parties.
Correct Answer:
Verified
Correct Answer:
Verified
Q42: The habitual drunkenness of a partner is
Q43: A partner requires a majority vote to
Q44: Dissolution of a partnership:<br>A) always means that
Q45: Under the UPA, partners hold title to
Q46: When a partnership is dissolved by a
Q48: In determining the rights of partner Dewey
Q49: A partner admitted as a partner into
Q50: A partner is considered an employee of
Q51: The rights of partners are determined by
Q52: In determining whether a partnership exists, which