Each partner, unless otherwise agreed, has equal rights in the management and conduct of the business of a general partnership.

Name: Each partner, unless otherwise agreed, has equal rights in the management and conduct of the business of a general partnership.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. In a general partnership, each partner has equal rights in the management and conduct of the business, unless otherwise agreed upon in a partnership agreement.

Each Partner, Unless Otherwise Agreed, Has Equal Rights in the Management