The _____, Completed in 1914 and the _____, Completed in the 1916

question 19

Multiple Choice

The _____, completed in 1914 and the _____, completed in the 1916 were the basis of partnership law in United States for many decades.

• A) Uniform Partnership Act (UPA); Uniform Limited Partnership Act (ULPA)
• B) Universal Partnership Act (UPA); Revised Partnership Act (RPA)
• C) Uniform Partnership Act (UPA); Revised Uniform Partnership Act (RUPA)
• D) United Partners Act (UPA); Uniform Limitation Act (ULA)
• E) Partnership Act; Uniform Partnership Act

---

Definitions:

Deposited

The act of placing money into a financial institution or account for safekeeping or to earn interest.

Present Amount

The present value of an anticipated amount of money or series of cash flows, assessed by a predetermined rate of return.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.

Received

Pertains to the act of acquiring or getting something from another party.