Which of the Following Is True of the Management of a General

question 59

Multiple Choice

Which of the following is true of the management of a general partnership?

• A)The number of votes a general partner has depends on the proportion of his or her capital investment.
• B)Partnership matters are decided by unanimous agreement only.
• C)Only a general partner who is also a member of the partnership's board of directors has the authority to participate in the management of the partnership.
• D)If the vote is tied,the action being voted on is considered to be defeated.

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