Franco and Jesse Are Operating as a General Partnership

question 50

Multiple Choice

Franco and Jesse are operating as a general partnership.A question has arisen that is not covered under their partnership agreement nor addressed by the Revised Uniform Partnership Act.What will the courts do to resolve the situation?

• A) Dissolve the partnership and allow them to reform.
• B) Look to foreign partnership laws because the RUPA encompasses all U.S. partnership law.
• C) Look to common law.
• D) Look to the UCC for a gap filler.