Which of the Following Statements About Partnerships Is False

question 213

Short Answer

Which of the following statements about partnerships is false?
A partner cannot sell their interest without the other partners' consent.
The partnership terminates upon the death of a partner.
A partner cannot retire without the other partners' consent.
General partnerships are limited to ten partners.
It is easier to borrow money than a sole proprietorship.

---

Definitions:

Aadhaar

A 12-digit unique identity number issued by the Indian government to residents based on their biometric and demographic data.

Insurance Programs

Schemes offered by companies or governments to provide financial protection and risk management for individuals, properties, and liabilities.

Informed Consent

A process ensuring individuals are fully educated about what they are agreeing to participate in, mainly regarding research or medical procedures, ensuring voluntariness and awareness of potential risks and benefits.

Opt-In

Opt-in refers to a permission-based practice where individuals choose to receive marketing communications or other information by signing up voluntarily.