Partnerships are relatively new legal form of business. TRUE OR FALSE ?

A partnership agreement can be express of implied and no writing is necessary. TRUE OR FALSE?

Partnership agreements should be in writing and should be filed in the county recorder's office. TRUE OR FALSE?

Llimited partnerships and corporations must register in states where they do business.TRUE OR FALSE ?

Banking,Insurance and professional partnerships can elect to be limited partnerships. TRUE OR FALSE?

A limited partner is determined ,in part,by their role in management. TRUE OR FALSE ?

A franchise relationship can be one of agency or independent contractor. TRUE OR FALSE?

Ggood faith and commercial reasonableness are imputed in any Franchise Agreement. TRUE OR FALSE?

Franchise agreements are unique and are not based on contractual arrangements. TRUE OR FALSE ?