Ask Question
Social StudiesSocial Studies
18 August, 21:42

In winding up a partnership, partners can create new obligations on behalf of the partnership. True False

+1
Answers (1)
  1. 18 August, 21:59
    0
    The answer is FALSE

    Explanation:

    A partnership; is a formal arrangement by two or more parties to manage and operate a business and share its profits.

    so therefore, when partnerships are being winded up no new obligations would be created because the partner cannot decide on his own.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In winding up a partnership, partners can create new obligations on behalf of the partnership. True False ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Consider the following description of measurement validity from Ballard and Seibold (2000) : "The items were examined for validity by colleagues familiar with the constructs, including professors of group, organizational, and intercultural
Answers (1)
What religious group comprises a minority of the Iraqi population, but held political authority and economic power under Saddam Hussein?
Answers (1)
In what year did two United States astronauts land on the moon?
Answers (1)
Which of the following is one of the many things jefferson invented?
Answers (1)
Gwendolen. let us preserve a dignified silence. cecily. certainly. it's the only thing to do now. [enter jack followed by algernon. they whistle some dreadful popular air from a british opera.] gwendolen.
Answers (2)
New Questions in Social Studies
The Jews were exiled and forced to spend 70 years in Babylon. If you were forced to live far away from your homeland, how would you react to your situation?
Answers (1)
Does the farmer believe that the new south is working to improve his life? cite evidence to support your claim
Answers (1)
James, a human resource manager, is preparing materials for an upcoming series of interviews, and has created a set of standardized questions that will be asked of every applicant. What kind of interview will be held
Answers (1)
More than half of American schools report at least one serious, violent incident per year. a. true b. false
Answers (1)
A 9th grade class is chosen for an experiment. A random half of the students receive specialized one-on-one tutoring in the classroom twice a week. The other half of the students work in study groups in the same classroom as the one-on-one students.
Answers (1)
Home » Social Studies » In winding up a partnership, partners can create new obligations on behalf of the partnership. True False
Sign Up Forgot Password?