Which of the Following Was the Result in Robert Law

question 33

Multiple Choice

Which of the following was the result in Robert Law, on Behalf of the Robert M. Law Profit Sharing Plan v. Ronald Zemp, the case in the text which considers how the partnership can be adversely affected by the negligence of one partner?

• A) A court may require a partnership to which a defendant belongs to provide financial information and can restrict the partners from encumbering or transferring their interest, but a court cannot restrict the partnership from making loans.
• B) A court may require a partnership to which a defendant belongs to provide financial information and can restrict the partnership from making loans; but a court cannot restrict the partners from encumbering or transferring their interests.
• C) A court may not require a partnership to which a defendant belongs to provide financial information, nor restrict the partnership from making loans or from encumbering or transferring their interests.
• D) A court may require a partnership to which a defendant belongs to provide financial information, and can restrict the partnership from making loans or from encumbering or transferring their interests.
• E) A court may require a partnership to which a defendant belongs to provide financial information but cannot restrict the partnership from making loans or from encumbering or transferring their interests.

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Definitions:

Specific Goods

Items that are identified and agreed upon at the time a contract of sale is made, distinct from generic or interchangeable goods.

Point of Delivery

The specific location or moment when the transfer of goods or services from a seller to a buyer is considered complete.

Competition Act

Legislation aimed at preventing anti-competitive practices in the marketplace, protecting consumers and ensuring fair trade.

Anti-competitive Practices

Business actions that prevent or reduce competition in a market, which can include monopolies, cartels, and predatory pricing.