According to the RUPA's Rules That Determine When Property Is

question 84

Multiple Choice

According to the RUPA's rules that determine when property is acquired by a partnership,which of the following statements is false?

• A)Property belongs to the partnership if the property is transferred to the partnership in its name.
• B)Property belongs to the partnership if the property is transferred to any partner acting as a partner by a transfer document that names the partnership.
• C)Property belongs to the partnership if the property is purchased with a partner's funds.
• D)Property belongs to the partnership if the property is transferred to any partner by a transfer document indicating the partner's status as a partner or that a partnership exists.