Craig, Donna, and Eve do business as Fast-Track Career Consultants. Eve's relationship to Fast-Track ends, but the firm continues to do business. This is
A) dissociation.
B) dissolution.
C) most likely illegal.
D) unethical.

Question

Craig, Donna, and Eve do business as Fast-Track Career Consultants. Eve's relationship to Fast-Track ends, but the firm continues to do business. This is​
A) ​dissociation.
B) ​dissolution.
C) ​most likely illegal.
D) ​unethical.

Quizplus · Accepted Answer

This is dissociation, where one partner leaves the business but the business continues to operate with the remaining partners. It is a common occurrence in partnerships and is legally recognized.

Craig, Donna, and Eve Do Business as Fast-Track Career Consultants