Which of the following is true about the rights of partners in a partnership?
a. A partner is a co-owner of partnership property.
b. Transfer of a partner's transferable interest leads to the partner's dissociation.
c. A partner may be required to accept a distribution in kind.
d. In the absence of an agreement, the partners of a partnership share the profits equally.
d
Business
You might also like to view...
The right-to-cure period for residential property is 110 to 125 days.
a. true b. false
Business
Smiling is an effective job-hunting technique when meeting interviewers in person because a smile
A) suggests you are not lying about your past. B) suggests that you have expert knowledge. C) is more genuine than a handshake. D) is a relationship builder, however brief.
Business