Each partner has to a right to do all of the following without a partnership vote except: ______.
A) take an equal part in transacting the business of the firm.
B) receive compensation for any work done for the partnership.
C) sell the firm's goods in the regular course of business.
D) borrow money for firm purposes.

Question

Quizplus · Accepted Answer

Partners in a general partnership typically do not receive compensation for work done for the partnership beyond their share of the profits. Their efforts are considered part of their investment into the partnership's success.

Each Partner Has to a Right to Do All of the Following