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jonny [76]
3 years ago
13

Eduardo and Larson enter into a partnership agreement to sell gourmet dog biscuits, but they do not specify how long it will las

t. Consequently, it will end: From the list below, which is NOT an ordinary right of partners in a general partnership?
Business
1 answer:
aleksley [76]3 years ago
8 0

Answer:

Eduardo and Larson enter into a partnership agreement to sell gourmet dog biscuits, but they do not specify how long it will last. Consequently, it will end: <u>whenever Eduardo, Larson or both of them decide to end it. </u>

From the list below, which is NOT an ordinary right of partners in a general partnership?

  • management
  • <u>dividends</u>
  • representation
  • joint ownership

Partnerships do not distribute dividends, only corporations distribute dividends. Partners are pass-through entities, that means that they are not taxed, the partners are taxed.

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