In a business,each partner has a right to share in the value of the firm's:
A) reputation.
B) assets.
C) policy.
D) practice.

Question

Quizplus · Accepted Answer

Partners have a right to share in the value of the firm's assets, which include tangible assets (such as property, inventory, and equipment) and intangible assets (such as intellectual property and goodwill). The other options (reputation, policy, and practice) are not typically considered assets of a firm.

In a Business,each Partner Has a Right to Share in the Value