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Questions and Answers
True or false:Associations and societies whose articles are kept secret among members can have juridical personality.
True or false:Associations and societies whose articles are kept secret among members can have juridical personality.
False (B)
True or false: Members of associations with secret articles can enter into contracts in their own name without obligating others.
True or false: Members of associations with secret articles can enter into contracts in their own name without obligating others.
True (A)
How do partnerships differ from associations and societies with secret articles?
How do partnerships differ from associations and societies with secret articles?
- Partners are agents who cannot act alone
- Articles of Partnership are accessible to all partners and the public (correct)
- Partnerships have limited liability
- Partnerships cannot enter into contracts with third parties
True or false: In a partnership, partners are free to act alone without the consent of other partners.
True or false: In a partnership, partners are free to act alone without the consent of other partners.
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