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Under the Uniform Partnership Act (UPA), Dissolution of a Partnership

Question 52

Multiple Choice

Under the Uniform Partnership Act (UPA) , dissolution of a partnership is said to be by the operation of law when:


A) the partnership is at will and a partner wants to leave the organization.
B) the entire partnership becomes bankrupt.
C) the term of the partnership agreement has expired.
D) all the partners decide that it is preferable to dissolve than to continue.
E) the partners decide to discharge a partner though no provision permits them to do so.

Correct Answer:

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