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Anestetic [448]
3 years ago
9

A partner's interest: a. is the same as the partnership property. b. cannot be attached by creditors. c. cannot be transferred.

d. none of the above.
Business
1 answer:
Sati [7]3 years ago
6 0

Answer:

D) none of the above.

Explanation:

Partnership property is owned by all the partners as tenants in the partnership, it is not owned by just one partner.

Each partner's interest in the partnership is defined by their share of the profits and losses of the partnership.

The partnership's assets can be attached by creditors (the partner's interest is part of the partnership's property).

Laws regarding partnerships allow the partner's interest to be transferred, unless the partnership agreement specifically prohibits it.

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1) Structure rewards/pay to be based on performance

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The major principal/agent problem is the agent not acting in the best interest of the principal. Taking the steps above could minimize the problem

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I hope you find this information useful and interetsing! Good luck!

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