Question

In: Operations Management

Which of the following circumstances illustrates the aggregate theory of partnership law? Group of answer choices...

Which of the following circumstances illustrates the aggregate theory of partnership law?

Group of answer choices

A lawsuit being required to name the partners individually as defendants

The partnership going through a dissociation upon the death of a partner

The partnership filing for bankruptcy

The partnership being allowed to hold property in its own name

None of the above circumstances illustrates the aggregate theory.

Solutions

Expert Solution

Answer: (e) None of the above.

Total hypothesis of organization is a hypothesis which expresses that an association doesn't have a different lawful presence, for example, a company. Under the total hypothesis of association, organization is just the totality of the accomplices who make it up. As indicated by this hypothesis, each accomplice is treated as the proprietor of an immediate and unified enthusiasm for organization resources, liabilities and activities and isn't seen as a taxpaying substance.


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