Which of the Following Is Correct with Respect to the Law

question 116

Multiple Choice

Which of the following is correct with respect to the law of partnership?

• A) Partnership is generally a less costly method of carrying on business than incorporation.
• B) All partners have a right to an equal say in the management of the partnership and this cannot be changed by agreement.
• C) Any major change in the partnership must be made by unanimous agreement, and this cannot be changed by partnership agreement.
• D) All partnerships must be registered.
• E) The partnership relationship is governed by legislation that states that profits and losses are to be shared equally, and this cannot be modified by agreement.

---

Definitions:

Autistic Spectrum Disorder

Neurodevelopmental disorders identified by problems in social interaction, communication challenges, and a tendency for repetitive behaviors.

Social Problems

Issues within a society that disrupt the functioning of communities and the lives of individuals, often requiring collective solutions.

Limited Theory of Mind

A cognitive condition where an individual has difficulties understanding that others have their own thoughts, feelings, and perspectives different from one's own.

Antisocial Personality Disorder

A psychological condition characterized by a long-term pattern of disregard for, or violation of, the rights of others, often seen in individuals who display aggressive or manipulative behaviors.