Question

Sweet Selections is a general partnership that sells candy, cards and flowers. Sweet Selections has ten partners. Jill and Amy each have a 25 percent interest in the partnership. All the other members have a 10 percent interest. To pass a management decision:_______________A. A majority of the partners must agree to the decisionB. Both Jill and Amy must agree to the decisionC. Jill or Amy must agree to the decisionD. 30 percent of the partners must agree to the decision

Answer 1

Answer:

A. A majority of the partners must agree to the decision

Explanation:

Based on the scenario being described within the question it can be said that the in order to pass a management decision a majority of the partners must agree to the decision. This is due to Sweet Selection being a general partnership, which is a business in which two or more individuals own the company and share all assets, profits, and liabilities of that company. Therefore more than 50% of the partners must agree on a decision in order for it to be put into effect.