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QUESTION 17 Roy and Everett are partners in a printing company. Roy manages the business. For this service, unless the partnership agreement states otherwise, he
QUESTION 17 Roy and Everett are partners in a printing company. Roy manages the business. For this service, unless the partnership agreement states otherwise, he is entitled to O a. a salary based on his capital contribution. O b. an hourly wage for services rendered. O c. no pay other than partnership distributions that go to both Everett and Roy. d. a salary that is based on the average annual time he puts in to managing the business. QUESTION 18 Scott is one of three partners in Angel Food Truck. Concerning partnership business, Scott is entitled to information O a. only related to the partner's capital contribution. Ob.only for a reasonable purpose. O c. only on an "as needed" basis. O d. on a complete basis. QUESTION 19 Derek is a partner in Wolf Market. In most states, Derek's death will O a. dissociate the partner from the firm. b.wind up the business. O c. dissolve the partnership. O .breach the partnership agreement
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