If the Business Cannot Be Performed Within One Year from the Time

question 3

Multiple Choice

If the business cannot be performed within one year from the time that the agreement is entered into, the partnership agreement should be in writing to avoid invalidation under the:

• A) Statute of Estoppel.
• B) Statute of Frauds.
• C) Uniform Partnership Act.
• D) Statute of Co-ownership.
• E) National Conference of Commissioners and Uniform Laws.

---

Definitions:

Science of Behavior

The systematic study of the actions and reactions of humans and animals in response to external or internal stimuli.

Predict Human Behavior

The process of using psychological principles, statistical data, and algorithms to forecast actions or reactions of individuals in specific situations.

Connecting Information

The process of relating new information to existing knowledge in order to enhance understanding and memory.

Personal

Relating to or affecting an individual directly and intimately.