The term ________ is associated with the change in the relationship of the partners caused by any partner's ceasing to be associated with the carrying on of the business.

Question

Quizplus · Accepted Answer

Dissolution refers to the process of dissolving a partnership, which can occur for various reasons, including a partner ceasing to be associated with the business. This term specifically relates to the change in the relationship among partners when the partnership is dissolved or when a partner leaves.

The Term ________ Is Associated with the Change in the Relationship