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Which Statement Is True Regarding the Rights of Partners to a Rightful

Question 1

Multiple Choice

Which statement is true regarding the rights of partners to a rightful dissolution of a partnership?


A) The partners may continue the partnership upon majority vote.
B) Rightful dissolution is by act of a partner only.
C) All partners can demand that the partnership be wound-up but only the managing partner may participate in the wind-up.
D) If the partners unanimously agree,they can continue the business using the partnership's name.
E) Rightful dissolution is by act of court only.

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