In a partnership, the partners own partnership property as tenants in property, which means they own it ________
A) individually.
B) as tenants in common.
C) in equal shares.
D) as a group.
E) as tenants with the right of the partnership to take their interest away.

Question

Quizplus · Accepted Answer

In a partnership, partners own partnership property collectively as a group, meaning the property is owned by the partnership entity itself, not by the individual partners.

In a Partnership, the Partners Own Partnership Property as Tenants