Which of the Following Is NOT Generally Written into the Articles

question 123

Multiple Choice

Which of the following is NOT generally written into the articles of partnership agreement?

• A) How new partners are admitted
• B) How accounting records will be maintained
• C) The marital status of each partner
• D) All are written into the agreement.

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Definitions:

Units

A standard measure or quantity used as a means of expressing or accounting for something, such as in production, sales, or comparison.

Pollution Permits

Licenses issued by governments that allow the holder to emit a certain amount of pollution; these can be traded in a market.

Interested Parties

Refers to individuals or groups that have a stake or interest in the outcome of a project, decision, or outcome.

Efficient Outcome

A situation in which resources are allocated in the most effective way possible, often achieved through market equilibrium where supply equals demand.