Unlimited liability of partners is 25 Multiple Choice 02:12:22 The agreement between partners that sets forth the terms under which the affairs of the partnership will be conducted In the absence of a contrary agreement, the legal responsibility of partners in a partnership to share all losses equally The legal relationship between partners in which all the partners must share liability for the partnership debts, but only up to the amount of the cap accounts The legal relationship among the partners whereby each partner is an agent of the partnership and is able to bind the partnership to contracts within the apparent scope of the partnership's business The legal relationship among general partners that makes each of them responsible for paying all the debts of the partnership of the other partners are unable to pay their shares