In the Absence of Any Express or Implied Agreement to the Contrary

question 40

Multiple Choice

In the absence of any express or implied agreement to the contrary,

• A) a new partner may be admitted to a partnership by the decision of a majority of the partners.
• B) no partner is entitled to payment for acting in the partnership business.
• C) all partners may share equally in partnership capital and profits and must contribute equally towards all losses.
• D) a new partner may be admitted to a partnership by the decision of a majority of the partners and no partner is entitled to payment for acting in the partnership business.
• E) all partners may share equally in partnership capital and profits and must contribute equally towards all losses and no partner is entitled to payment for acting in the partnership business.

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Definitions:

Mall Intercept Interviews

A qualitative research method where interviewers approach shoppers in malls to ask questions or conduct surveys about their behaviors or opinions.

Shopping Centers

A group of retail stores and other commercial establishments physically connected and designed to serve the shopping needs of the surrounding area.

Scientifically Selected

Scientifically selected implies a choice or decision made based on systematic and empirical methods of investigation, often involving controlled experiments or statistical validation.

Independent Variable

A variable in an experiment or study that is manipulated or changed to observe its effect on a dependent variable.