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Category > Management Posted 04 Oct 2017 My Price 10.00

Which is FALSE regarding a traditional business partnership pursuant to the Uniform Partnership Act?

Which is FALSE regarding a traditional business partnership pursuant to the Uniform Partnership Act?

a. Absent an agreement partnership profits are shared equally by the partners regardless of any individual's partner contribution, knowledge, skills, and/or efforts.
b. Absent an agreement partners are not entitled to any salary or remuneration for acting in the partnership business.
c. Partners are regarded as agents of the partnership when acting in the partnership business.
d. The dissolution of a partnership will always lead to a winding-up, liquidation, and termination of the partnership.

Answers

(10)
Status NEW Posted 04 Oct 2017 05:10 PM My Price 10.00

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