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Question 1 Find Alberta's Partnership Act using your Legal Links. According to the Partnership Act: Not yet answered Select one: Marked out of O a.

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Question 1 Find Alberta's Partnership Act using your Legal Links. According to the Partnership Act: Not yet answered Select one: Marked out of O a. The relationship between members of any company or association who constitute a corporation 1.00 under any law in force in Alberta also constitutes a partnership within the meaning of this Act. Flag question O b. No partner is bound to render true accounts and full information of all things affecting the partnership to any partner or any partner's legal representative. O c. A majority of the partners has the power to expel a partner, without the need for the partners to have expressly agreed to this in advance. O d. An admission or representation made by a partner concerning the partnership affairs and in the ordinary course of the business of the partnership is evidence against the firm. Question 2 Rhea is interested in forming a partnership and is conducting research into partnership agreements. Answer saved Based on her reading of her Business Law textbook, one of the following statements is true. Choose Marked out of the statement that is TRUE. 1.00 Flag Select one: question a. Any limitations on the powers or authority of each partner is an important matter that should be addressed in a contract creating a partnership. O b. The duties of each partner is not an important matter to address in a partnership contract. C. A partnership cannot be found to exist by the courts when parties clearly state in a contract that they are not partners. O d. It is not a best practice to create a partnership through contract

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