- 1 Marks
Question
The parties in a partnership arrangement must agree on all of the following EXCEPT:
A. Profit sharing
B. Business management
C. Capital contribution
D. Dissolution
E. Pension reform
Answer
E. Pension reform
Explanation:
Partnership agreements typically cover issues such as profit sharing, business management, capital contribution, and dissolution. Pension reform is not generally a matter that partners need to agree upon in a partnership agreement.
- Tags: Agreement, Business Law, Partnership
- Level: Level 1
- Topic: Partnership Law
- Series: NOV 2011
- Uploader: Theophilus