Which of the Following Is Not a Characteristic of a General

question 101

Multiple Choice

Which of the following is not a characteristic of a general partnership?

• A) The partnership is created by a contract.
• B) Mutual agency exists.
• C) Partners share equally in net income or net losses unless an agreement states differently.
• D) Dissolution occurs only when all partners agree.

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Definitions:

Hostile

Exhibiting or characterized by antagonism, aggression, or a confrontational attitude towards others.

Abusive

Characterized by mistreatment or misuse of power, often resulting in harm or distress to others.

Moral System

A set of principles or values governing what individuals consider right and wrong behavior.

Sexual Morality

The moral and ethical considerations and standards related to sexual behavior and relationships.