Fact Pattern 17-1
Brad is a general partner,and Carlos and Dora are limited partners,in Eastside Physicians,a medical clinic and limited partnership.
-Refer to Fact Pattern 17-1.Brad's dissociation from the firm results in

Question

Fact Pattern 17-1
Brad is a general partner,and Carlos and Dora are limited partners,in Eastside Physicians,a medical clinic and limited partnership.
-Refer to Fact Pattern 17-1.Brad's dissociation from the firm results in​

Quizplus · Accepted Answer

Brad's dissociation as a general partner in a limited partnership will result in the termination of Eastside's legal existence. In a limited partnership, the withdrawal or dissociation of a general partner usually leads to dissolution, and the limited partnership needs to be reconstituted or liquidated. As a result, Eastside will no longer exist legally as an entity in case of Brad's dissociation.

Fact Pattern 17-1 Brad Is a General Partner,and Carlos and Dora Are Limited