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The partnership, and each partner, are all liable for the contractual obligations, and the negligent acts of a partner (if those acts were committed within

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The partnership, and each partner, are all liable for the contractual obligations, and the negligent acts of a partner (if those acts were committed within the ordinary course of the partnership's business) Select one TV False A partnership is a legal entity that can sue and be sued. Select one True Fale A partnership is a tax paying entity whose income is taxed to the partnership Select one True False to forma partnership the partners are red to have a partnership agreement True Each partner has an equal vote, regardless of the relative size of his or her capital contribution, unless the partners agree otherwise, Select one: O True False Devoting time, energy, and skill to partnership business is a partner's duty and is not a compensable service. Select one: True False Every partner is entitled to use partnership property. Select one: True on False Each partner may be required to pay partnership creditors from their personal assets. of westion Select one: True False Every partner is a fiduciary to the partnership and owes the same duties of loyalty and care as an agent to her principal. Select one: True False Partners always share profit and losses equally unless they agree otherwise. Select one: True False A partnership is a pass-through tax entity meaning profits are taxed to the individual partners. Select one: True -stion False

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