All of the following result in the automatic dissolution of the partnership by law, except: ______.
A) the expulsion of a partner.
B) the bankruptcy of the partnership or of one of the partners.
C) the death of a partner.
D) an event that make the partnership's business illegal.

Question

Quizplus · Accepted Answer

The expulsion of a partner does not automatically dissolve a partnership by law. Partnerships can often continue with the remaining partners or through the addition of new partners, unless the partnership agreement specifies otherwise. In contrast, bankruptcy, death of a partner, or illegalization of the business can lead to automatic dissolution.

All of the Following Result in the Automatic Dissolution of the Partnership