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1)When a Partnership is dissolved, debts are first paid out of which of the following Question 1) options: Profits Capital Personal assets of partners None

1)When a Partnership is dissolved, debts arefirstpaid out of which of the following

Question 1) options:

Profits

Capital

Personal assets of partners

None of the above

2) Which of the following isnota responsibility of an agent to his/her principal:

Question 2) options:

Agent must turn money over to the principal

Agent must not disclose all relevant information

Agent must not compete with the principal

Agent must not delegate responsibility under the agency agreement to another

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