Mark is a partner in Harbin Associates,a partnership.The term of the partnership agreement is one year and includes a clause on buyouts.After the term expires,Mark decides to dissociate while the remaining partners wish to continue.Under the RUPA:
A) the remaining partners must wind up and terminate the partnership.
B) they must buy out Mark of his interest on Mark's demand for the same.
C) they must not pay Mark the greater of the liquidation price or the sale price of the business.
D) they can renew their partnership agreement.
Correct Answer:
Verified
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