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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 decisionA. 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

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Answer:

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

Explanation:

Generally partnerships must approve management decisions by a majority of the votes from the participating partners. Partnerships do not work like corporations where votes are assigned based on ownership stake, here each partner is assigned one vote. That means that any decision requires at least 6 votes = 50% + 1.

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