Question: 19. Which statement is NOT true about a general partnership; a. all general partners are agents of the partnership; b. all general partners have an
19. Which statement is NOT true about a general partnership;
a. all general partners are agents of the partnership;
b. all general partners have an equal right to participate in management;
c. a corporation can be a general partner;
d. there must be a written partnership agreement.
20. Tullis and Shivy are physicians who have formed a general partnership. In the event one of them commits malpractice,
a. the other is vicariously liable;
b. the other is liable to the extent of their contribution in the partnership;
c. the other has no liability;
d. the other is only liable if stipulated in the partnership agreement.
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