Which of the Following Statements Is True with Respect to the Obligations

question 151

Multiple Choice

Which of the following statements is true with respect to the obligations in a partnership relationship?

• A) In the absence of agreement to the contrary, the partnership is dissolved when one of the partners serves the others with notice to the effect that he wishes to continue..
• B) In the absence of agreement to the contrary, when one of the partners is injured, the partnership is dissolved.
• C) When one of the partners owes a personal debt not associated with the partnership, that creditor has a claim on his portion of the assets of the partnership.
• D) A partnership can be dissolved only by court order.
• E) When a partnership is dissolved, each partner can only be forced by a creditor to pay a portion of the debt equal to his share of the capital contributed.

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