Asked by
Nitish Mehta
on Nov 21, 2024Verified
Under the Uniform Partnership Act, which of the following is defined as a "person"?
A) Individuals only
B) Partnerships and individuals
C) Partnerships, individuals, and corporations
D) Partnerships, individuals, corporations, and other associations
E) Corporations only
Uniform Partnership Act
A uniform act adopted by some U.S. states that govern the operations of partnerships within the state, including the creation, dissolution, and management of partnerships.
Defined as a "Person"
Legally recognizing an entity (can be human or non-human, such as corporations) as having rights and responsibilities.
- Gain insight into the judicial handling of partnerships regarding their recognition as legal entities and litigation matters.
Verified Answer
CC
Learning Objectives
- Gain insight into the judicial handling of partnerships regarding their recognition as legal entities and litigation matters.