Question: When a date for dissolution is set in the partnership agreement, the partnership cannot be dissolved before that date. A) True B) False In the

When a date for dissolution is set in the partnership agreement, the partnership cannot be dissolved before that date.

A) True
B) False

In the absence of a statute to the contrary, a written partnership agreement need not be in a particular form.

A) True
B) False

After it is incorporated, a corporation cannot disapprove of the contracts made by the promoter.

A) True
B) False

Which of the following is an incidental power of a corporation?

A)

Power to do all acts reasonably necessary for carrying out its purpose

B)

Power to indorse and accept negotiable instruments

C)

Power to borrow money and contract debts

D)

Power to have a continuous existence

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