Under the UPA, a partner's ownership interest in any specific item of partnership property is that of a:
A) joint tenant.
B) tenant in common.
C) tenant in partnership.
D) tenant by the entireties.

Question

Quizplus · Accepted Answer

Under the Uniform Partnership Act (UPA), a partner's ownership interest in specific partnership property is as a "tenant in partnership," meaning the property is owned by the partnership entity rather than the individual partners.

Under the UPA, a Partner's Ownership Interest in Any Specific