Final answer:
The sale of a partnership's goodwill generally requires unanimous consent from all partners, as it is considered a major change to the business's operations and assets.
Step-by-step explanation:
The sale of the goodwill of a partnership indeed typically requires unanimous consent from all partners. Goodwill represents the value of a company's brand name, customer base, customer relations, employee relations, and any patents or proprietary technology. It is an intangible asset that emerges when a business is acquired for more than the fair value of its net tangible and identifiable intangible assets.
In a partnership, the decision-making process is governed by the partnership agreement and the law. If the partnership agreement is silent on this matter, state law will often require the unanimous agreement of all partners before selling goodwill, as it is deemed a fundamental change to the partnership's business. Therefore, it is safe to say that generally, the answer to whether the sale of a partnership's goodwill requires unanimous consent is: True.