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True or False
A partnership is an association of two or more persons to carry on a not for profit business.
A general partnership is dissolved by the death of a general partner.
A limited partnership consists of only limited partners.
A partnership agreement must always be in writing.
The name of the limited partnership must contain the names of the general and limited partners.
Withdrawal of a partner causes dissolution of the general partnership.
The certificate of limited partnership must designate the New York Secretary of State as agent of the limited partnership for service of process.
A minor may become a general partner.
A general partnership must pay Federal income tax.
Title to all partnership property must be in the name of the partnership.
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