Which of the following is false regarding dissolution of a partnership either by act of a partner or by operation of law?
A) Death of a partner results in dissolution of a partnership by operation of law.
B) A partnership engaging in an activity that suddenly becomes illegal results in dissolution of a partnership by operation of law.
C) A partner's engagement in any other business activity results in dissolution of a partnership through an act by a partner.
D) A partner withdrawing from the partnership at will results in dissolution through an act by a partner.
E) A partner withdrawing or being expelled pursuant to the partnership agreement results in dissolution through an act by a partner.
Correct Answer:
Verified
Q32: Which of the following is true regarding
Q33: Which of the following is true if
Q34: If, upon dissolution of a partnership, one
Q35: When a partnership is winding up, which
Q36: Which of the following is not a
Q38: Which of the following is false regarding
Q39: Which statement is true regarding the rights
Q40: Which statement is correct regarding a partner's
Q41: To ensure that a dissolving partner does
Q42: [Fishy Fiasco] James agreed to be a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents