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

question 95

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 toward all losses.
• D)a partner is entitled,before the ascertainment of profits,to interest on the capital subscribed by him.
• E)b and c.

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Definitions:

Resolution

The smallest distinguishable increment into which a quantity is divided.

Input impedance

The impedance presented by an electrical device or circuit at its input, affecting how it interacts with the signal sources connected to it.

Ladder Logic

A programming language used in programmable logic controllers (PLCs) that employs graphical elements resembling a ladder with rungs to represent control logic.

Communication Module

Allows the user to connect the PLC to high-speed local networks that may differ from the network communication provided with the PLC.