Question: Mark and James established a partnership to deal in textiles. Both of them contributed equal capital to the partnership. Which of the following is true?

Mark and James established a partnership to deal in textiles. Both

Mark and James established a partnership to deal in textiles. Both of them contributed equal capital to the partnership. Which of the following is true? Mark and James have the right to participate in the management of the partnership Mark can be held liable for James committing robbery. Neither Mark nor James has the authority to bind the partnership without the signature of the other. Neither Mark nor lames has the authority to endorse checks without the signature of the other. QUESTION 4 Brian, Kirk, and Jim established a partnership with equal capital contributions. However, Kirk provided an additional contribution in the form of a loan to the company. Which of the following is true? Brian can withdraw capital advances from the partnership. Any of the partners can withdraw their capital contribution or advances at any time. Kirk can withdraw his capital advance after its due date. lim can withdraw capital advances from the partnership

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