A Winding-Up Partner May Not Inter into a New Contract

question 60

Multiple Choice

A winding-up partner may not inter into a new contract unless:

• A)the contract is in furtherance of the partnership's purpose
• B)the contract aids the liquidation of the partnership's assets.
• C)he honestly believes it is in the best interest of the partnership.
• D)it is with a previous client.

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Definitions:

Cardiomyopathy

A group of diseases that affect the heart muscle, leading to decreased heart function.

Nephrology

A medical specialty dedicated to identifying and managing diseases of the kidneys.

Gastrologist

A gastrologist, more commonly referred to as a gastroenterologist, is a physician specialized in diagnosing and treating diseases of the gastrointestinal tract and liver.

Osteoarthritis

A type of arthritis that occurs when flexible tissue at the ends of bones wears down, leading to pain, swelling, and reduced motion in joints.