Which of the following is true about a wrongfully dissociated partner?
A)He may perform the winding up.
B)He may demand the partnership be dissolved.
C)He is not entitled to the value of any of his partnership interest.
D)He is entitled to his share of the partnership interest,minus the damages he caused the partnership.

Question

Quizplus · Accepted Answer

A wrongfully dissociated partner is entitled to his share of the value of his partnership interest,minus the damages he caused the partnership.Damages may include the cost of obtaining new financing and the harm to the partnership goodwill caused by the loss of a valuable partner.

Which of the Following Is True About a Wrongfully Dissociated