Question
Harvey and Mike recently started their own television production business. They orally agreed to organize their business as a partnership and promised each other that
Harvey and Mike recently started their own television production business. They orally agreed to organize their business as a partnership and promised each other that once they had the producers of a new pilot television program "Suits" on board, they would draft a more formal, writtenpartnership agreement.
According to RUPA 401, how are Mike and Harvey's rights and duties with references to thegeneral partnershipdivided?
Select one:
Mike has 1/3 and Harvey has 2/3
Mike has 2/3 and Harvey has 1/3
Mike has and Harvey has
Their interest is divided equally.
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