Miller and Baker formed a partnership and purchased a cycle shop. The name of the new business cannot be "Miller Cycle Shop" because the name of the partnership must include the names of both partners if it includes the name of one partner.
Correct Answer:
Verified
Q9: A sole proprietorship dissolves upon the death
Q10: Partners may elect whether or not the
Q11: Under the UPA, a partner's ownership interest
Q12: A person who receives a share of
Q13: Sole proprietors have limited liability for the
Q15: Whether an individual partner or the partnership
Q16: Michelle and Margaret agree to form a
Q17: No minimum amount of capitalization is necessary
Q18: Under the common law, a partnership was
Q19: A partner can withdraw his partnership capital
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents