Which of the following is true about the Revised Uniform Partnership Act (RUPA) ?

A) There is no disagreement between the Uniform Partnership Act and the Revised Uniform Partnership Act about the rules of partnership.
B) Changes in relation to the Revised Uniform Partnership Act and the Uniform Partnership Act are insignificant.
C) Roughly half of the states have adopted the RUPA
D) The RUPA just took effect in 2010.
E) The Revised Uniform Partnership Act did not expand the UPA

Revised Uniform Partnership Act

Legislation aimed at governing the operation of partnerships within the jurisdiction it is adopted, updating and replacing the original Uniform Partnership Act.

Uniform Partnership Act

A set of laws adopted by some states to regulate the operations of partnerships and ensure uniformity in their treatment.

RUPA

The Revised Uniform Partnership Act, which is a set of model statutes designed to guide the formation, operation, and dissolution of partnerships in the United States.