One of the partners of the partnership for which you are the accountant asks you to compare the major features of the Revised Uniform Partnership Act of 1997 with those of the original Uniform Partnership Act of 1914 Required Using an Internet search engine or other database, do some research and p...

a The National Conference of Commissioners on Uniform State Laws NCCUSL provides a web site wwwnccuslorg that presents a list of states that have adopted the Revised Uniform Partnership Act UPA 1997 e ...

One of the partners of the partnership for which you are the accountant asks you to compare

Question:

One of the partners of the for which you are the accountant asks you to compare the major features of the Revised Uniform Act of 1997 with those of the original Uniform Act of 1914.
Required
Using an Internet search engine or other database, do some research and provide a two- to three page report comparing UPA 1997 and UPA 1914. Consider the following:
a. Determine whether the state in which your college or university is located has adopted the UPA 1997.
b. Locate two articles that compare or contrast the UPA 1997 with the UPA 1914 and summarize the major differences in the two acts as discussed in the articles.
Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...