Question: (20) If partners in a general partnership do not have a written partnership agreement, how are disputes usually resolved? a. By terms of a partnership

(20)

If partners in a general partnership do not have a written partnership agreement, how are disputes usually resolved?

a.

By terms of a partnership agreement the majority of partners create after the partnership is formed.

b.

Litigation, partners suing each other personally.

c.

Arbitration. Partners must work out their disputes for the good of the entity.

d.

Pursuant to provisions of the states partnership statute.

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