Susan and Stanley are in a partnership called Easy Partnership. Susan purchases
ID: 425373 • Letter: S
Question
Susan and Stanley are in a partnership called Easy Partnership. Susan purchases a truck with her personal funds with title to the truck naming Easy Partnership. Who owns the truck? O Susan O Susan and Stanley O Easy Partnership O Susan, Stanley, and Easy Partnership QUESTION 5 harlotte is declared mentally incompetent by a court and is unable to participate as a partner in Aflac Enterprises c partnership but is contractually obligated for three more years. Can Charlotte leave the Aflac partnership? o Yes, she can do so without any liability to the partnership O No, there is no right to leave O Yes, she has a right to leave, but is liable for breach of contract O No, there is no right to leave unless all the partners agree. QUESTION 6 Under the RUPA partnerships have continuity of existence a partnership is considered an entity in all situations a partnership is no longer viewed as an aggregate in relation to liability partners have no liability for the obligations of the partnershipExplanation / Answer
1. The correct option is c. Easy Partnership.
2. The correct option is a. Yes, she can do so without any liability to the partnership
3. The correct option is a. Partnership have continuity of existence.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.