Just as the original Uniform Partnership Act governs partnerships in the absence of an express agreement, the Uniform Partnership Act () has significantly changed several laws that relate to partnerships.

Just as the original Uniform Partnership Act governs partnerships in the absence of an express agreement, the Revised Uniform Partnership Act (RUPA) has significantly changed several laws that relate to partnerships.

Explanation:

Uniform Partnership Act provides all the necessary guidelines about the governance, forming partnership to dissolution of partnership. The Revised uniform partnership act has revised several aspects of the governance of partnership rules and rewrote the breakup rules. The law brought greater stability among the partners by making the relation more trust and supportive to each other. The significant changes are as under:

So these are some of the significant changes in the Uniform Partnership Act.

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