What Is the Legal Effect of the Core Business of the Partnership

question 2

Multiple Choice

What is the legal effect of the core business of the partnership business becoming illegal?

• A)The partnership is automatically dissolved.
• B)Each partner has the option of leaving the partnership without notice.
• C)The court is empowered to dissolve the partnership.
• D)There is no legal effect.

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Definitions:

Fluid

In the context of abilities or intelligence, refers to the capacity to think logically and solve problems in novel situations, independent of acquired knowledge.

Fetus

A developing human from roughly ten weeks after conception until birth, during which period major bodily structures and organs form.

Defects

Flaws or imperfections in an object, system, or process that can lead to suboptimal performance or failures.

Zygote

The initial cell formed when a new organism is produced by the union of sperm and egg cells, marking the beginning of human development.