Under RUPA, atakes place whenever a partner is no longer associated with the run

Question

Under RUPA, atakes place whenever a partner is no longer associated with the running of the firm. o dissolution o dissociation O rescission O devolution QUESTION 8 The Revised Uniform Partnership Act has eliminated o all management rights enjoyed by partners o the concept of tenancy in partnership O partnership entity status O each partner's interest in the firm QUESTION 9 Aqua LLC is a member-managed LLC. Andrew, a member, agrees to resolve a dispute with a stomer by submitting the claim to binding arbitration. This action by Andrew binds Aqua is not binding on Aqua binds Aqua if the claim is under $1,000 is not binding on Aqua until approved by the court

Explanation / Answer

1. The correct option is b. dissociation

2. The correct option is b. The concept of tenancy.

3. The correct option is b. Is not binding on Aqua.

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