Solved

On the Death of a Partner

Question 36

Multiple Choice

On the death of a partner:


A) If a partner has a spouse, that spouse becomes a partner.
B) The surviving partners must select a new partner to replace the deceased or the partnership is dissolved.
C) The partnership is dissolved automatically
D) The partnership is dissolved unless the partnership agreement provides otherwise.
E) The partnership reverts to a sole proprietorship.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents