The Revised Uniform Partnership Act (RUPA) Holds That Property Belongs

question 22

Multiple Choice

The Revised Uniform Partnership Act (RUPA) holds that property belongs to the partnership if it was transferred to:

• A) the partners in their individual capacities.
• B) general partners only by a transfer document that specifically names the partnership indicating that partnership exists.
• C) any partner by a transfer document indicating the partner's status as a partner or otherwise indicating that a partnership exists.
• D) any partner by transfer document under the charging order.

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Definitions:

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