For Which of the Following Is False Regarding When a Partner

question 50

Multiple Choice

For which of the following is false regarding when a partner may demand an accounting?

• A) A partner may demand an accounting whenever the copartners wrongfully exclude a partner from the partnership or from access to the books.
• B) A partner may demand an accounting whenever any partner fails to disclose a profit or benefit from the partnership.
• C) A partner may demand an accounting whenever circumstances render an accounting as "just and reasonable."
• D) A partner may demand an accounting for any time for any reason.
• E) A partner may demand an accounting whenever the partnership agreement provides for an accounting.

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Definitions:

Prospective Customers

Potential clients or customers who are considered likely to purchase a business's products or services.

Flying Car

A type of vehicle that can function both as a standard road vehicle and an aircraft, offering a personal air travel option.

Ultimate Consumers

The end-users who purchase and use products and services for their personal use, as opposed to buying them for resale or production.

Organizational Buyers

Refers to entities such as businesses, governments, and institutions that purchase goods or services for use in the production of other goods and services, for resale, or for general business operations.