How many partners must agree to modify a partnership agreement?

A) All partners must unanimously agree.
B) A majority must agree to the change.
C) More than one but not necessarily a majority.
D) Only one partner is needed to modify an agreement.

Partnership Agreement

A contract between partners in a business venture that outlines the terms of the partnership, including each partner’s rights, responsibilities, and share of profits.

Modify

To make changes or alterations to something, such as a contract, agreement, or piece of legislation, often to update or improve it.

Unanimously Agree

A decision-making process or outcome in which all parties or members fully concur without any dissent.