Question: In a general partnership, q , A ) each partner is held responsible for an agreement / decision made by any one of the partners

In a general partnership, q,
A) each partner is held responsible for an agreement/decision made by any one of the partners
B) partners can be held responsible only for decisions they make personally
C) no partner can be held legally responsible for decisions since the partnership itself is a legal entity
no decision is binding unless all partners agree to it in writing
 In a general partnership, q, A) each partner is held responsible

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!