Under the Revised Uniform Partnership Act, which of the following statements, if any, are correct regarding the effect of the assignment of an interest in a general partnership?
I. The assignee is personally responsible for the assigning partner's share of past and future partnership debts.
II. The assignee is entitled to the assigning partner's interest in partnership profits and surplus on dissolution of the partnership.

Answers

Answer 1

Under the Revised Uniform Partnership Act, an assignment of an interest in a general partnership has specific effects.

Firstly, the assignee is not entitled to any management rights or the ability to participate in partnership decision-making. Secondly, the assignment only entitles the assignee to the assigning partner's share of profits and losses, but not to any surplus assets or rights on dissolution of the partnership.

However, assignment of the interest in a partnership does not relieve the assigning partner from liability for any partnership debts incurred before the assignment. The assignee is only responsible for the partnership debts from the time of the assignment. This means that the assignee has limited liability for debt obligations incurred before the transfer of interest.

Therefore, the correct statement regarding the effect of assignment of an interest in a general partnership is that the assignee is entitled to the assigning partner's interest in partnership profits and surplus on dissolution of the partnership, but not personally responsible for the assigning partner's share of past partnership debts.

To learn more about Revised Uniform Partnership Act click brainly.com/question/31456074

#SPJ11


Related Questions

Explain Kennan's policy of containment. How did it apply to the Cold War?

Answers

Answer:

“containment” policy: A military strategy to stop enemy expansion. It is best known as the Cold War policy of the United States and its allies to prevent the spread of communism abroad.

Explanation:

As a component of the Cold War, this policy was a response to the Soviet Union's move to increase communist influence in Eastern Europe, Asia, Africa, and Latin America. Containment represented a middle-ground position between detente (relaxation of relations) and rollback (actively replacing a regime).

One bar values 4 counts. How many "counts" are in the entire piece? 6 points 24 counts 12 counts 48 counts 32 counts

Answers

Answer:

The number of counts depends on the number of bars.

So there will be

24 counts in 6 bars

12 counts in 3 bars

48 counts in 12 bars

24 counts in 8 bars

Explanation:

One bar values 4 counts.

There are = 24 counts/ 4counts = 6 bars

There are =  12 counts/ 4counts = 3 bars

There are =  48 counts/ 4counts = 12 bars

There are =  32 counts/ 4counts = 8 bars

So there will be

24 counts in 6 bars

12 counts in 3 bars

48 counts in 12 bars

24 counts in 8 bars

This is called unitary method.

We have 1 bar and 4 counts

So we will multiply 4 counts with the number of bars to get the total number of counts.

For example 6 bars will have 6 * 4= 24 counts.

This can also be solved by using ratios.

On one side we have the bars and on the other the counts

bars                     counts

1                            4

x                           24

Cross Multiplying

x*4= 1*24

or

x= 24/4= 6 bars

So we can get all the answers in the same way.

Which of the following items would best fulfill a need?
a) automobile
Ob) food
c) shoes
d) a Play Station

Answers

Automobile ? Because it’s a need in society when you have to go to places

10. What prompted Congress to pass the War Powers
Resolution?
A. Rulings issued by the Supreme Court that
banned deployment of U.S. combat forces
without a declaration of war
Fears that renewed conflict in the Middle East
would require the United States to defend
see
C Decisions made by the executive branch
dunng the Korean and Vietnam Wars
unts on the authority of the chief executive
imposed by an international tribunal

Answers

Answer:

Decisions made by the executive branch during the Korean and Vietnam Wars

C

Explanation:

The War Powers Resolution is a federal law intended to check the U.S. president's power to commit the United States to an armed conflict without the consent of the U.S. Congress. I dont see an answer that aligns with that info. Maybe you will though and thats why im posting this

Why did people want to fight in ww1?

Answers

Answer:

The Germans wanted the world to themselves.

Explanation: Hope this helps!

Many joined up in a fit of patriotic fervour believing that they were fighting to protect their country and families. Conscription- the government forced men to fight. They didn't have much choice as a lot were not enlisting.

HELP ASAP PLEASE!!!

Answers

Answer:

just passing by

I don't know much in anything related to history....

am a science student

All of the Gospels are about Jesus, yet each has a different emphasis.

True
False

Answers

Answer:

Short term, true.

The life and teachings of Jesus, oral tradition, and written tradition. Why do the gospels present four different portraits of Jesus? These four different portraits appeal to different audiences. ... Disciples recognize Jesus as son of God, but they are instructed not to tell others.

Answer:

your answer is true

Explanation:

I really do hope this helps you out

The most common interracial union occurred between

Select the best answer from the choices provided.
A.
European indentured servants and their enslavers
B.
European indentured servants and free African Americans
C.
European indentured servants and free African Americans
D.
enslaved African Americans and their enslavers

Answers

Answer:

C and B are the same answer

Explanation:

European indentured servants and free African Americans

If you were the president of the US how would you prepare our country for a war?

Answers

Answer:

As a US president I will be preparing for war by first building- up the military in readiness for deployment, by initiating a draft.

Popular support for which of the following 19th-century ideas most likely
helped win passage of the Pacific Railroad Bill?

Answers

Answer:

option a

Explanation:

i think so

Answer: Manifest Destiny

Explanation: just took the test for apush!

The Japanese adopted many ideas about language, society, religion, philosophy, and government from China and______
A. Confucianism
B. Prince Shotoku
C. Korea

Answers

Answers : The answer it is c Korea

Answer

Korea

Explanation:

What was an effect of the California Gold Rush in 1849? (5 points) Many people discovered gold, became rich, and established multiple mining towns in California. The president authorized the forced removal of the Sioux tribes in California where gold was discovered. An influx of settlers from the U.S. And the world led to the growth of numerous cities in the West. Conflicts between U.S. Settlers and foreign miners from China and Europe resulted in military action.

Answers

Answer:

An influx of settlers from the U.S. and the world led to the growth of numerous cities in the West.

Answer:

influx of settlers (c)

Explanation:

took the test :)

how did executive order 9981 also help start the civil rights movement

Answers

Answer:

Executive Order 9981, one of Truman's most important achievements, became a major catalyst for the civil rights movement. When President Harry S. Truman signed Executive Order 9981 on July 26, 1948, calling for the desegregation of the U.S. Armed Forces, he repudiated 170 years of officially sanctioned discrimination.

Who believed in American independence and freedom? Federalists of Antifederalists?

Answers

Federalists. The wanted the independence.

Answer:

sim ele acreditava

Explanation:

João sim ele acredita

Which group filled the expanding need for domestic help during the Victorian Age?

the upper class
the middle class
the working class

Answers

Answer:

the working class

Explanation:

i just anwsered it

2. Give examples of the "who", "what", "when”, and “how" of politics.

Answers

Answer:

here

Explanation:

Who: voters, candidates, groups, parties

What: substances: benefits; medical care for elderly and burdens such as new taxes

When: element of time

How: voting, supporting, compromising, lobbying

I'm not sure if that's right

Article IV, Section 2, of the Constitution helps define the relationship between
the state and federal governments by stating that:

Answers

Answer:

It states that all citizens of different states are equal under the law. This means that a person from any state is entitled to privileges and immunities in all of the states of the country.

Answer: citizens of different states are equal under the law.

Explanation:

Which statements accurately describe the settlement of the English colonies in North America?




Choose all answers that are correct.


Question 45 options:


The winter after Captain John Smith returned to England from Jamestown was known as "the starving time."



William Brewster and William Bradford saw North America as a land where they could pan for gold.



The Puritans settled most of the region that is now called the Middle Atlantic States.



The Virginia Company was organized to colonize Virginia and find gold.



John Rolfe helped the Jamestown colony survive by teaching the colonists how to grow tobacco.

Answers

Answer:

The Puritans settled most of the region that is now called the Middle Atlantic States.

Explanation:

The statements accurately describe the settlement of the English colonies in North America The Puritans settled most of the region that is now called the Middle Atlantic States. Thus the correct option is C.

What are the objectives of the settlement of the English colonies in North America?

The objective of English settlement in North America was for the English to use the island as a destination for their products as well as a source of raw resources and items like furs.

The colony's residents had no mistake that the land they had settled on had gold deposits. In order to extract this gold, the colonists formed a corporation and gave it the name of the settlement.

In search of democratic freedoms, colonists immigrated to America. They wanted both income equality and religious liberty. Individual liberties and self-government are valued in the United States.

Therefore, option C is appropriate.

Learn more about  English colonies in North America, here:

https://brainly.com/question/14244107

#SPJ5

What happened to the population of China during the Han dynasty?

Answers

Answer: bro I don’t know sorry

Explanation:

The act of preparing troops and supplies for war or another emergency is called
mobilization
propaganda
rationing
drafting
Please hurry

Answers

Mobilization. The first one.

Answer:

its A

Explanation:

Three causes that led to American revolution

Answers

Answer:

Explanation:

1. The Stamp Act (March 1765)

Sheet of penny revenue stamps printed by Britain for the American colonies, after the Stamp Act of 1765.

To recoup some of the massive debt left over from the war with France, Parliament passed laws such as the Stamp Act, which for the first time taxed a wide range of transactions in the colonies.

“Up until then, each colony had its own government which decided which taxes they would have, and collected them,” explains Willard Sterne Randall, a professor emeritus of history at Champlain College and author of numerous works on early American history, including Unshackling America: How the War of 1812 Truly Ended the American Revolution. “They felt that they’d spent a lot of blood and treasure to protect the colonists from the Indians, and so they should pay their share.”

The colonists didn’t see it that way. They resented not only having to buy goods from the British but pay tax on them as well. “The tax never got collected, because there were riots all over the pace,” Randall says. Ultimately, Benjamin Franklin convinced the British to rescind it, but that only made things worse. “That made the Americans think they could push back against anything the British wanted,” Randall says.

2. The Townshend Acts (June-July 1767)

An American colonist reads with concern the royal proclamation of a tax on tea in the colonies as a British soldier stands nearby with rifle and bayonet, Boston, 1767. The tax on tea was one of the clauses of the Townshend Acts.

Parliament again tried to assert its authority by passing legislation to tax goods that the Americans imported from Great Britain. The Crown established a board of customs commissioners to stop smuggling and corruption among local officials in the colonies, who were often in on the illicit trade.

Americans struck back by organizing a boycott of the British goods that were subject to taxation, and began harassing the British customs commissioners. In an effort to quell the resistance, the British sent troops to occupy Boston, which only deepened the ill feeling.

3. The Boston Massacre (March 1770)

A print of the Boston Massacre by Paul Revere, 1770.

Simmering tensions between the British occupiers and Boston residents boiled over one late afternoon, when a disagreement between an apprentice wigmaker and a British soldier led to a crowd of 200 colonists surrounding seven British troops. When the Americans began taunting the British and throwing things at them, the soldiers apparently lost their cool and began firing into the crowd.

As the smoke cleared, three men—including an African American sailor named Crispus Attucks—were dead, and two others were mortally wounded. The massacre became a useful propaganda tool for the colonists, especially after Paul Revere distributed an engraving that misleadingly depicted the British as the aggressors.

(hope this helps can i plz have brainlist :D hehe)

Before World War 2,two Georgia _________________greatly helped to prepare the United States for war.

Answers

Answer:

military bases

Explanation:

Georgia contributed in WW2 by creating military bases, Bell Aircraft, and shipyards in Savannah and Brunswick. These contributions helped Georgia get out of their depression, increase economy, and supply several items to the US military.

what does the richelieu document tell us are necessary for a monarch to maintain absolute power

Answers

Answer:

The monarch was able to maintain absolute control over the society with the addition of feudalism

how do you think africans wealth could be harmful to the continent please help I will give you Brainlyest

Answers

Answer:

Well I think if we put this in perspective people like Mao Zedong (one of the most evil man in history) put his people through torture by forced labor, famine, and executions although he is thought to have modernized china his actions killed millions. so I think the way I see it playing out in Africa is the leaders abusing their power for financial gain from his people like say raising up the taxes or raising up the bills even rent these are all contributing factors of this being not helpful and also sadly its own downfall in the process.

Explanation:

Answer:

Well, I will start off with farming and animal protection.

Explanation:

There are a lot of droughts in Africa so to get better farms you need irrigation. With the wealth of Africans, they can't get all they need for irrigation. Animal protection is big too. There are a lot of poachers in Africa that hunt animals. For Africa to protect their wildlife, they need money. I hope this helps.

Please reword my answer if you need to use it elsewhere. :)

In ancient India, who were responsible for exporting goods to other countries?
A. Kshatriyas
B. Brahmins
C. Vaishyas
D. Shudras

Answers

Answer:

A. Kshatriyas

Explanation:

A would be your answer

witch where the following are examples of culture finding its way from other countries into the united states

Answers

Answer:

by using canos and boats your welcome

Which part of the U.S. Constitution did the Federalist Papers argue AGAINST?

Answers

This theme was predominant in late 18th-century political thought in America and accounts in part for the elaborate system of checks and balances that was devised in the Constitution. The authors of the Federalist papers argued against the decentralization of political authority under the Articles of Confederation.

The bill of rights i'm pretty sure

blank are the key practices, relationships, and organizations in a society.

Answers

Answer:

Institutions

Explanation:

It's institutions or something like it

This political cartoon suggests that the League of Nations

a. worked mainly to support the needs of the United States.
b. would collapse without the participation of the United States.
c. was formed to protect other countries from the United States.
d. did not need the United States to form a link between nations.

its b. would collapse without the participation of the United States.

Answers

Answer:

b would collapse without the participation of the United states

Answer: The answer is

B. This political cartoon suggests that the League of Nations

In ancient India, who was responsible for fending off intruders?
A. Untouchables
B. Brahmins
C. Shudras
D. Kshatriyas

Answers

Answer:

Kshatriyas.

Explanation:

Answer:

D

Explanation:

Kshatriyas were responsible for fending off intruders in Ancient India.

The caste system was prevalent in India during the ancient period of times and there were classified into four classes Brahmins, Kshatriya's, Sudras and Vaishyas.

Kshatriya's belong to the second class and they were called warriors.

As they were warriors it was their duty to drive away from the intruders and protect their country from attackers and invaders.

Other Questions
ompany a has a profit margin of 12 nd investment turnover of 3.2. company b has a profit margin of 15 nd investment turnover of 2.4. company has a better return on investmen the internet is migrating to internet protocol version 6 (ipv6), which uses _____ addresses to provide for many more devices than earlier versions. a. 32-bit b. 128-bit c. 256-bit d. 64-bit The nuclear symbol for an alpha particle is The name for the greek letter is fill in the blank 2. Of the radiations alpha, beta and gamma, fill in the blank 3 is the least penetrating and fill in the blank 4 is the most penetrating. consider pluto and one of its moons, charon. the gravitational force that pluto exerts on charon acts as a centripetal force for charon to be able to orbit around pluto. true or false define the linear transformation t by t(x) = ax. find ker(t), nullity(t), range(t), and rank(t). a = 7 5 1 1 1 1 The following reaction is first order in N2O5: N2O5(g)NO3(g)+NO2(g) The rate constant for the reaction at a certain temperature is 0.053/s.Calculate the rate of the reaction when [N2O5]= 5.4102 M .What would the rate of the reaction be at the same concentration as in part a if the reaction were second order? (Assume the same numerical value for the rate constant with the appropriate units.)Zero order? the costs of vertical integration do not include reduced: group of answer choices innovation. efficiency. individual profit motive. within-brand competition. Researchersmaiupulate or control bariables in order to conuncuct: 10. 34 The activation energy for the decomposition of benzene diazonium chloride is 99. 1 kJ mol1. At what temperature will the rate be 10 per cent greater than its rate at 25C? which term defines programs that help employees intergrate and transition to new jobs by making them familiar with corporate policies, procedures, cultures and politics by clarifying work-role expectations and responsibilities? QuestionPlaywright Hanay Gelogamah's playsexperiences.O having been praisedO is being praisedO they have been praisedO have been praisedfor their authentic portrayals of Native American Solve the following system of DEs using three methods: substitution method, (2) operator method and (3) eigen-analysis method: x' = x - 3y ly' = 3x + 7y rank the following speeds of mass movements from slowest to fastest: 1. Creep2. Slump3. Flow4. Fall In a lithium-iodine cell, 2 atoms of Li are oxidized to 2 Li+ ions and l2 is reduced to 2 write the oxidation and reduction half-reactions that take place in this cell structural brain-imaging studies of individuals with schizophrenia typically reveal )___ calculate the ph of buffer solution that contains 0.160 moles of formic acid, hcho2, and 0.280 moles of formate ion, cho2 -, in a total solution volume of 1.00 l. k a, hcho2 = 1.810-4 Vivian was assigned 12 math problems. Marco was assigned 3 times as many math problems as Vivian. Which equation could be used to find the total number of math problems Marco was assigned? What are the signs and symptoms of postoperative bleeding?Blood that soaks through the bandage covering your incision.Anxiety or confusion.Faster heart rate than normal for you.Faster breathing than normal for you, or shortness of breath.Urinating less than usual, or not at all. Write I for imperfect and p for preterite. 1. We went to Church every Sunday. 2. We went to Church last Sunday. 3. The rain began at two o'clock. 5. It was hot outside. 6. Ana bought a jacket. 7. Ana wanted to buy a jacket. 8. Mara arrived to class on time yesterday. 9. Mara always arrived to class on time CAMELS does not account for all relevant factors in bank analysis. One factor that is not accounted for is government support. Which of the following items is NOT a method usually employed by financial regulators and state and federal government in the United States? O Capital adequacy support for undercapitalized banks facilitated by the Federal Reserve. O Nationalization of a commercial bank. O Unwinding a failing bank to protect depositors funds facilitated by the FDIC.