A Partner Has the Power to Withdraw from the Partnership

question 4

Multiple Choice

A partner has the power to withdraw from the partnership at any time except: ______.

• A) when the withdrawal violates the partnership agreement.
• B) when the partnership is not for a definite purpose.
• C) when the partnership is not for a definite time.
• D) when the partnership violates an agreement.

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Definitions:

Proposed Agency Rules

Preliminary regulations put forward by a government agency for review, comment, and eventual implementation to guide operations or ensure compliance.

United States Congress

The bicameral legislative body of the federal government of the United States, consisting of the House of Representatives and the Senate.

Days

Units of time equal to 24 hours, representing one complete rotation of the Earth on its axis.

Administrative Procedures Act

A United States federal statute that governs the way administrative agencies of the federal government may propose and establish regulations.