Raul and Limlin are dissolving their partnership. Raul stops acting as a partner and says that this confirms the dissolution of the partnership. Limlin says that this does not dissolve the partnership. Is Limlin correct?
A) Yes, because only one partner, by choice, stopped fulfilling the role of a partner to the business and both partners must stop fulfilling their roles.
B) Yes, because Limlin has not consented to the final dissolution of the partnership.
C) No, dissolution is complete when any partner, by choice or by default, stops fulfilling the role of a partner to the business.
D) No, because thirty days after any partner, by choice or by default, stops fulfilling the role of a partner to the business this dissolves the partnership.
E) Yes, because a court will determine if the partnership is completely dissolved.
Correct Answer:
Verified
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