One of the events that cause a partnership to dissolve is the death of a partner.

Question

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The death of a partner can lead to the dissolution of a partnership. This is because the partnership is a relationship between two or more individuals who are sharing profits, losses, and responsibilities. When one partner dies, their share of the partnership assets and liabilities is transferred to their estate, and their heirs may not be interested in continuing the partnership. Additionally, the remaining partners may not want to continue without the deceased partner, especially if they were a key contributor to the partnership's success.

One of the Events That Cause a Partnership to Dissolve