This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which one of the following statements about general partnerships is false? (Read 33 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Aug 7, 2021
Which one of the following statements about general partnerships is false?
◦ A partnership can exist even without a written partnership agreement.
◦ Each partner has unlimited personal liability for the debts of the partnership.
◦ A general partner can limit his liability for the firm's obligations by using the term "limited" after his name on stationery.
◦ The Partnership Act can imply contractual terms into a partnership where the partners did not expressly agree on some detail of the relationship.
◦ Partnership is the relationship that exists between persons carrying on business together with a view to making a profit.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by PhilipSeeMore on Aug 7, 2021

randomguy133

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


PhilipSeeMore

  • Member
  • Posts: 561
Reply 2 on: Aug 7, 2021
:D TYSM

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

The general pattern of progression of an untreated HIV infection The general pattern of progression of an untreated HIV infection
Examples of Mission Statements Examples of Mission Statements
Pathways of nitrogen metabolism (purple) in the general pattern of intermediary metabolism Pathways of nitrogen metabolism (purple) in the general pattern of intermediary metabolism
How to convert verbal statements into algebraic equations (Part 4) How to convert verbal statements into algebraic equations (Part 4)
The General Process of Sensation The General Process of Sensation
Determine the nominal annual rate of interest of the following ordinary general annuity. Determine the nominal annual rate of interest of the following ordinary general annuity.
Video: Inflammation

For a complete list of videos, visit our video library