Dave and Eiger Are Partners in First-Place Athletic Supplies, Which

question 68

Multiple Choice

Dave and Eiger are partners in First-Place Athletic Supplies, which sells sports equipment. Dave manages the business. Unless the partnership agreement states otherwise, Dave is

• A) entitled to compensation in proportion to its effect on the business.
• B) entitled to compensation in proportion to the effort expended.
• C) entitled to compensation in proportion to the effort required.
• D) not entitled to compensation for his effort.

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Definitions:

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