Response to the following questions:
1. A partnership is terminated in the event (a) a partnership agreement is not in writing, (b) a partner dies, (c) a partner exercises mutual agency.
2. What does the term unlimited liability mean when applied to a general partnership?
3. If a partnership contract does not state the period of time the partnership is to exist, when does the partnership end?
4. What does the term mutual agency mean when applied to a partnership?