Which One of the Following Is Incorrect with Respect to the Rights

question 163

Multiple Choice

Which one of the following is incorrect with respect to the rights of partners unless they have agreed otherwise?

• A) All profits are shared equally between the partners.
• B) Reasonable expenses incurred by the partners in the course of business are reimbursed.
• C) All partners have the right to share in management.
• D) No major decision can be taken without unanimous agreement of all the partners.
• E) Partners can sell their share of the partnership to another person without the agreement of the partners.

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Definitions:

Sensorimotor Intelligence

A stage in Jean Piaget's theory of cognitive development where infants learn about the world through their senses and actions.

Cognitive Development

A field of study in psychology focusing on a child's development in terms of information processing, conceptual resources, perceptual skill, language learning, and other aspects of brain development.

Object Awareness

Object awareness is the recognition and understanding by an individual that objects exist independently of their actions or observations.

Sensorimotor Stages

The initial phase of cognitive development according to Jean Piaget, where infants learn through interacting with their environment using their senses and motor actions.