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29 October, 09:15

Eduardo and Larson enter into a partnership agreement to sell gourmet dog biscuits, but they do not specify how long it will last. Consequently, it will end: From the list below, which is NOT an ordinary right of partners in a general partnership?

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  1. 29 October, 11:35
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    Eduardo and Larson enter into a partnership agreement to sell gourmet dog biscuits, but they do not specify how long it will last. Consequently, it will end: whenever Eduardo, Larson or both of them decide to end it.

    From the list below, which is NOT an ordinary right of partners in a general partnership?

    management dividends representation joint ownership

    Partnerships do not distribute dividends, only corporations distribute dividends. Partners are pass-through entities, that means that they are not taxed, the partners are taxed.
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