Which of the Following Statements Are TRUE

question 68

Multiple Choice

Which of the following statements are TRUE?

• A) A prohibition in a partnership agreement on partners incurring a specific obligation will prevent partnership liability arising if one of the partners tries to commit the partnership to such an obligation.
• B) An indemnification agreement between partners will always be complete protection against unauthorized liabilities.
• C) Partners do not have to worry about individual partners incurring unauthorized liabilities because each partner has a fiduciary duty to act in the best interests of the partnership.
• D) Partners often have a high degree of trust and confidence in each other.
• E) none of the above

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Definitions:

Classification

The systematic arrangement or categorization of entities based on shared characteristics or criteria.

Sensate Focus Therapy

A therapeutic technique designed to improve sexual intimacy and address sexual dysfunctions by promoting a focus on touch and sensation.

Fetishistic Disorders

A sexual disorder characterized by the use of non-living objects or a specific focus on non-genital body parts as a prerequisite for sexual arousal and satisfaction.

Transvestic Disorders

A condition characterized by an intense sexual arousal from cross-dressing, which may cause distress or impairment in social, occupational, or other important areas of functioning.