Fact Pattern 24-1
Brad is a general partner,and Carlos and Darlene are limited partners,in Eastside Physicians,a medical clinic and limited partnership.
-Refer to Fact Pattern 24-1.Eastside is dissolved and its assets are collected,liquidated,and distributed.This results in

Question

Fact Pattern 24-1 
Brad is a general partner,and Carlos and Darlene are limited partners,in Eastside Physicians,a medical clinic and limited partnership.
-Refer to Fact Pattern 24-1.Eastside is dissolved and its assets are collected,liquidated,and distributed.This results in

Quizplus · Accepted Answer

When a limited partnership is dissolved, its legal existence is terminated, which means the correct answer is D. The assets are collected, liquidated, and distributed, but the partnership itself ceases to exist.