Once a partnership is dissolved,all liability for the actions of the partners ends.

Name: Once a partnership is dissolved,all liability for the actions of the partners ends.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The dissolution of a partnership does not necessarily discharge partners from any existing liabilities or obligations incurred while the partnership was still in existence. Partners may still be held liable for any debts or legal actions that occurred during the partnership.

Once a Partnership Is Dissolved,all Liability for the Actions of the Partners