If the Partners in a Limited Duration Partnership Continue to Conduct

question 55

Multiple Choice

If the partners in a limited duration partnership continue to conduct business together after the expiry of the duration, the partnership will:

• A)Automatically dissolve.
• B)Be a 'partnership at will'.
• C)Have perpetual succession.
• D)Be wound up by a court.

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Definitions:

Spontaneous Recovery

The reappearance of a conditioned response after a pause, without further conditioning.

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An intense and irrational fear of dogs.

Psychologist

A professional specializing in studying the mind and behavior, often helping individuals deal with mental health issues through various forms of therapy.

Stimulus Discrimination

The learned ability to differentiate between a conditioned stimulus and other stimuli that have not been paired with an unconditioned stimulus.