Which of the Following Statements Is NOT True

Multiple Choice

Which of the following statements is NOT true?

A) Partnership books must be kept at the principal place of business of the partnership.
B) There is a rebuttable presumption that partner's interests in capital,profits and losses will be equal.
C) Partners are entitled to be paid interest on loans to the partnership at a rate agreed between the parties.
D) Where the agreement allows a partner to introduce a new partner the terms of the agreement must be followed exactly.