Business, 05.03.2020 17:40 madi25838

Violet, William, and Xavier are partners in a partnership that sells medical devices. Violet and William each contributed $100,000 to the partnership. Xavier contributed $300,000 to the partnership. The partners vote on whether or not to purchase a new $100 machine. Violet and William support the purchase. Xavier opposes the purchase. Unless the partnership agreement states otherwise, the partnership will: a. not purchase the machine, because partnership decisions in management matters always require a unanimous vote. b. purchase the machine, because each partner has one vote in management matters. c. not purchase the machine, because Xavier's interest in the partnership exceeds the interest of Violet and William combined. d. purchase the machine, because only the support of one partner is required for the partnership to commit itself to a given action.

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Violet, William, and Xavier are partners in a partnership that sells medical devices. Violet and Wil...

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