Under the Revised Uniform Partnership Act, in which of the following cases will property be deemed to
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Question:
following cases will property be deemed to be partnership property?
I. A partner acquires property in the partnership name.
II. A partner acquires title to it in his/her own name using partnership
funds.
III. Property owned previously by a partner is used in the partnership
business.
I onlyI and II onlyII only.I, II, and III
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date: