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| Teaching Since: | May 2017 |
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MBA, PHD
Phoniex
Jul-2007 - Jun-2012
Corportae Manager
ChevronTexaco Corporation
Feb-2009 - Nov-2016
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. |
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