Kim and Lyle are partners in K&L Sales, which exports technical equipment. If Congress declares that the equipment can no longer be exported, K&L
A)can continue its business for one twelve-month period.
B)can continue its business indefinitely.
C)dissolves immediately unless the partners change its business.
D)is immediately subject to criminal prosecution and penalties.

Question

Quizplus · Accepted Answer

When Congress declares that the equipment K&L Sales exports can no longer be exported, the business cannot continue as is. The partnership would need to change its business focus or dissolve, as continuing to export the now-prohibited equipment would be illegal.

Kim and Lyle Are Partners in K&L Sales, Which Exports