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This characteristic refers to the fact that a partnership involves two or more persons.Group of answer choicesBilateralUnilateralCommutativeOnerous

Question

This characteristic refers to the fact that a partnership involves two or more persons.

Group of answer choices

  • Bilateral
  • Unilateral
  • Commutative
  • Onerous
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Solution

Understanding the Options

To determine which term best describes a partnership involving two or more persons, we should analyze the given options carefully:

  1. Bilateral: This term typically refers to something that involves two parties. Since a partnership involves two or more individuals, this term could apply, but it is more specific to the relationship between two parties rather than multiple parties.

  2. Unilateral: This term indicates something that involves one side or party. It is not applicable to partnerships, which inherently require two or more people.

  3. Commutative: In mathematical terms, this relates to operations where the order does not matter (e.g., addition and multiplication). It doesn’t pertain to the characteristics of partnerships.

  4. Onerous: This term means involving burdens or obligations. Although partnerships can have onerous aspects, it does not specifically suggest the involvement of multiple parties.

Conclusion

The most appropriate option that describes the fact that a partnership involves two or more persons is Bilateral. This reflects the nature of the agreement, which inherently requires at least two parties to be valid, even though in practice, multiple partners can be involved.

Final Answer

Bilateral

This problem has been solved

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