When a Partner Disassociates with a Partnership, Which of the Following

question 47

Multiple Choice

When a partner disassociates with a partnership, which of the following is true?

• A) The partnership is no longer bound by acts of that partner, whether or not a notice is filed.
• B) The disassociated partner is prohibited from competing with the partnership for a period of one year.
• C) The disassociated partner may be liable for damages for breach of contract.
• D) Notice need not be given to third parties.

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Definitions:

Main Effects

are the direct impacts of each independent variable on the dependent variable in an experimental study, disregarding interactions between variables.

Judgments of Responsibility

Evaluations or decisions made regarding the extent to which individuals or groups are accountable for actions or outcomes.

Automobile Accident

An unexpected and unplanned event involving motor vehicles, resulting in damage, injury, or death.

Independent Variable

The variable that is manipulated by the researcher to examine its impact on the dependent variable in an experiment.