On a partner's dissociation, his or her right to participate in running the business terminates.

Question

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When a partner dissociates from a business, he or she no longer has the right to participate in running the business, including making decisions and managing operations. The dissociated partner may still be entitled to receive a share of profits or assets according to the partnership agreement or state law, but cannot actively participate in the business.

On a Partner's Dissociation, His or Her Right to Participate