What Is the Consequence of Failing to Give Adequate Notice

Multiple Choice

What is the consequence of failing to give adequate notice of partnership dissolution to third parties?

A) The partnership's attempted dissolution will be ineffective.
B) The partners will be prevented from receiving their share of partnership assets.
C) There will be a court-ordered waiting period before partners can receive their share of partnership assets.
D) Partners might be personally liable for transactions entered into by other partners occurring after the partnership dissolution.
E) Partners could be liable for criminal penalties under the Uniform Partnership Act.