Which of the Following Statements Is Correct with Respect to the Partnership

Multiple Choice

Which of the following statements is correct with respect to the Partnership Act?

A) When in conflict,the terms of the federal Partnership Act override the provincial partnership acts.
B) The Partnership Act is enacted by the federal government and creates a uniform and cohesive system of partnership law for all of Canada.
C) The Partnership Act states clearly that a partnership is only created by specific agreement between the partners to that effect.
D) The Partnership Act sets out provisions that will govern the relations between the partners unless those partners have agreed otherwise.
E) The Partnership Act always overrides any provisions contrary to it set out by the partners in the partnership agreement.