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Sweet Selections, a General Partnership, Operates as a Gift Shop

Question 52

Multiple Choice

Sweet Selections, a general partnership, operates as a gift shop. Sweet Selections has ten partners. Jill and Amy each have a 25 percent interest in the partnership. All the other members have a 10 percent interest. Unless the partners otherwise agree, with respect to management decisions


A) a majority of the partners must agree.
B) both Jill and Amy must agree.
C) the senior partner decides.
D) 30 percent of the partners must agree.

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