1. Unless otherwise stated by contract, the law of partnership presumes which of the following not to be true?
each partner has an equal voice in partnership management
a majority vote controls ordinary business decisions
profits are to be divided among the partners
regardless of the amount invested in the partnership, each partner has an equal vote
all of the other choices are true
2. If one has the right to occupy a piece of property until their death, at which point title to the property passes to heirs who have been named by the owner of the property, there is a:
life estate
joint tenancy
tenancy in common
residual interest
none of the other choices