Which One of the Following Is Correct with Respect to the Rights

question 10

Multiple Choice

Which one of the following is correct with respect to the rights of partners unless they have agreed otherwise?

• A)No major decision can be taken without a majority vote agreement of all partners.
• B)Only the partners that have contributed the largest capital amount have the right to share in management.
• C)All profits are shared equally among the partners.
• D)A partner can sell her share of the partnership to another person without the agreement of the other partners.
• E)Personal expenses incurred by the partners in the course of business are reimbursed.

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Definitions:

Trustworthiness

The quality of being reliable, honest, and capable of being trusted, often seen as a foundational element in successful relationships and transactions.

Creativity

The ability to produce original and valuable ideas, solutions, or expressions, often involving thinking outside the traditional framework or combining elements in novel ways.

Flexibility

The capacity to adapt to new, changing, or evolving circumstances and environments.

Solitary Work Activity

Tasks or projects performed independently by an individual without collaboration or assistance from others.