Which of These Is Not a Provision of the Partnership

question 5

Multiple Choice

Which of these is not a provision of the Partnership Act?

• A) No person may be introduced as a partner without the consent of all existing partners.
• B) Each partner is allowed to withdraw a maximum of 25% of their capital per annum.
• C) A partner is not entitled to interest on the capital subscribed by him/her.
• D) Partners are entitled to share equally in the partnership profits.

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Definitions:

Motor Neurons

Nerve cells forming part of a pathway along which impulses pass from the brain or spinal cord to a muscle or gland.

Absolute Refractory Period

A time interval after an action potential during which another action potential cannot be initiated, regardless of the strength of the stimulus.

Millivolts

A unit of electric potential equal to one thousandth of a volt, commonly used in measuring the strength of electrical signals.

Electrical Charge

A physical property that causes matter to experience a force when placed in an electromagnetic field.