Multiple Choice
Which of the following is true regarding rights of partners in regard to a rightful dissolution of a partnership?
A) All partners can demand that the partnership be wound-up but only the managing partner may participate in the wind-up.
B) The partners may continue the partnership upon majority vote.
C) If the partners unanimously agree, they can continue the business using the partnership's name.
D) Rightful dissolution is by act of a partner only.
E) Rightful dissolution is by act of court only.
Correct Answer:
Verified
Correct Answer:
Verified
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