Byron is a partner in C&M, a limited partnership. What effect does Byron's death have on C&M, if the partnership agreement is silent about death of a partner?
A) If he is a limited partner, Byron's death will not affect the partnership.
B) Byron's death will not affect the partnership regardless if he is a general or a limited partner.
C) If he is a limited partner, Byron's death will dissolve the partnership.
D) Byron's death will dissolve the partnership, regardless if he is a general or a limited partner.
E) If he is a general partner, Byron's death will not affect the partnership.
Correct Answer:
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