Multiple Choice
When a partner leaves the partnership,whether it be voluntary or by expulsion,death or bankruptcy,it is called
A) dissociation.
B) termination.
C) detachment.
D) separation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q15: Which of the following forms of organization
Q16: Trudy wishes to buy a national franchise.What
Q17: Charles and Ellen,an unmarried couple,run an ice
Q18: Which is an advantage of a sole
Q19: A limited liability company,unlike an S corporation,can
Q21: An organization that does not pay income
Q22: To form an LLC,both a charter and
Q23: Alan,a dentist,and his wife Martha,an attorney,can protect
Q24: Most franchisors and franchisees are<br>A)partnerships.<br>B)sole proprietorships.<br>C)corporations or
Q25: Limited liability is a major advantage of