A general partner may do which of the following without the consent or ratification of the other partners?
A) Admit another person as a partner.
B) Sell significant assets of the partnership.
C) Make a reasonable contract for an advertising campaign.
D) Hire a person to act as general manager of the firm.
E) Admit liability in a claim against the firm.

Question

Quizplus · Accepted Answer

A general partner can make a reasonable contract for an advertising campaign without the consent or ratification of the other partners. However, admitting another person as a partner or selling significant assets of the partnership requires the consent of all partners. Hiring a person to act as general manager or admitting liability in a claim against the firm may also require the consent of all partners.

A General Partner May Do Which of the Following Without