Flip is a member of Great States Trucking LLC.Flip's relationship to Great States ends,but the firm continues to do business.Flip's ending his relationship with the firm is termed

Question

Quizplus · Accepted Answer

Dissociation refers to the ending of a partner's relationship with a partnership or LLC, while the entity continues to do business. Dissolution, on the other hand, refers to the winding up and termination of the entity's activities. The term "required" does not fit the context, and "wrongful" implies that Flip did something illegal or unethical in ending the relationship, which is not established by the information given.

Flip Is a Member of Great States Trucking LLC