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Question
Jackie is interested in the property of the Big Partnership, in which Jackie is a full partner. She wants to mortgage the property in order to avail of loans for the organization. All the partners do not agree with Jackie. What is Jackie's legal position with regard to the mortgage under UPA?
A. Her partners' non-agreement is legally irrelevant.
B. Jackie's interest in the partnership property cannot be assigned.
C. Jackie can mortgage her share of the organization's property.
D. UPA does not address this issue and a court will decide on a case by case basis.
Answer
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