Lonny is a partner in the Harris Limited Partnership. Unless the partnership agreement provides otherwise, Lonny may:

a. assign his partnership interest and, if he does, he ceases to be a partner.
b. assign his partnership interest, but if he does, the assignment dissolves the partnership.
c. assign his partnership interest and, if he does, the assignee may exercise the rights of a partner.
d. not assign his partnership interest.


a

Business

You might also like to view...

Which of the following indicates how official communications should be routed?

A. organizational chart B. grapevine C. lateral networks D. corporate culture E. personnel files

Business

Which of the following is a need in Alderfer's ERG theory?   

A. Esteem B. Existence C. Realization D. Rating E. Generalization

Business

A full warranty means:

A. it has to cover the whole product and not cover only part of the product. B. the warrantor will fix or replace any defective product free of charge. C. the warrantor is required to fulfill the warranty terms if the problem was caused by damage to the product through unreasonable use. D. it excludes and limits payments for consequential damages.

Business

If the most optimistic time for completing an activity is 8, the most likely time is 12, and the most pessimistic time is 20, then the estimated time for the activity is ______.

A. 12.7 B. 14.9 C. 18.2 D. 6.7

Business