When is dissolution of a partnership considered complete?
A) Only when any partner, by choice, stops fulfilling the role of a partner to the business.
B) Only when any partner, by default, stops fulfilling the role of a partner to the business.
C) When any partner, by choice or by default, stops fulfilling the role of a partner to the business.
D) Thirty days after any partner, by choice or by default, stops fulfilling the role of a partner to the business.
E) Thirty days after any partner, by default, stops fulfilling the role of a partner to the business.
Correct Answer:
Verified
Q2: Which of the following terms is used
Q3: During the winding-up process,the partners must still
Q4: Which of the following is defined as
Q6: Which of the following is true regarding
Q8: If a partner dissolves a partnership in
Q9: Which of the following stages must be
Q10: In the case of a limited partnership,if
Q11: Remaining partners have a right to continue
Q14: A general partner has unlimited personal liability
Q33: Which of the following is true if
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents