Author Question: When a partner disassociates with a partnership, which of the following is true? A) The partnership ... (Read 78 times)

HCHenry · **on:** Jun 24, 2018

When a partner disassociates with a partnership, which of the following is true?
A) The partnership is no longer bound by acts of that partner, whether or not a notice is filed.
B) The disassociated partner is prohibited from competing with the partnership for a period of one year.
C) The disassociated partner may be liable for damages for breach of contract.
D) Notice need not be given to third parties.

Question 2

Under the U.S. Supreme Court's holding on notice in tax sales:
A)The tax agency only needs to mail notice to the owner.
B)The tax agency must show the notice process is reasonably likely to reach the owner.
C)The agency must use certified mail.
D)None of the above