Under the UPA,which of the Following Can Be Done Only

question 30

Multiple Choice

Under the UPA,which of the following can be done only with the consent of all of the partners?

• A)The firing of a partnership employee.
• B)Confession of judgment.
• C)The sale of an office computer.
• D)All of the above.

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Definitions:

Negligence Action

A legal action taken for injury or damage resulting from a party's failure to exercise the care that a reasonably prudent person would have in similar circumstances.

B.C. Supreme Court

The superior trial court for the province of British Columbia, Canada, handling both civil and criminal cases.

Common Law

Common law is a legal system characterized by case law and precedent, where court judgments and legal principles from previous cases guide future rulings.

Courts of Equity

Judicial bodies that have the authority to apply principles of equity, as opposed to law, to cases brought before them.