To Ensure That a Dissolving Partner Does Not Create Additional

Multiple Choice

To ensure that a dissolving partner does not create additional liability for the partnership, which of the following is true regarding notice to be provided to a third party that has provided credit to a partnership?

A) There is no requirement that notice be provided because by law, the dissolving partner has no authority to bind the partnership.
B) The third party may be notified through advertisement in the newspaper.
C) The third party may be notified through a general post on the Internet at the partnership's website.
D) The third party must be provided direct verbal or written notice.
E) The third party must be provided written notice based on the statute of frauds.