Unless Otherwise Agreed in the Articles of Partnership, Which of the Following

question 13

Multiple Choice

Unless otherwise agreed in the articles of partnership, which of the following are rights partners have in regard to their interactions with other partners?

• A) The right to share in management.
• B) The right to share in profits.
• C) The right to compensation for devoting time to the business.
• D) The right to share in management, the right to share in profits, and the right to compensation for devoting time to the business.
• E) The right to share in management and the right to share in profits, but not the right to compensation for devoting time to the business.

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Definitions:

Android

Referring to an operating system designed for mobile devices or to robotics, a human-like robot.

Visceral

Relating to the internal organs of the body or producing profound emotions.

Essential

Absolutely necessary; extremely important in a particular context or situation.

Gynoid

Relating to a female-type body shape with greater fat distribution around the hips and thighs.