Which of the following is defined as the change in the relation of the partners caused by any partner's ceasing to be associated with the carrying on,as distinguished from the winding up,of the business?

Question

Quizplus · Accepted Answer

Section 29 of UPA defines dissolution as "the change in the relation of the partners caused by any partner's ceasing to be associated with the carrying on, as distinguished from the winding up"-the activity of completing unfinished partnership business, collecting and paying debts, collecting partnership assets, and taking inventory-"of the business."

Which of the Following Is Defined as the Change in the Relation