Unless There Is an Agreement to the Contrary in the Partnership

question 10

Multiple Choice

Unless there is an agreement to the contrary in the partnership agreement, which of the following events will automatically bring a partnership to an end?

• A) The personal bankruptcy of a partner.
• B) The death of a partner.
• C) The expiry of the term of a fixed-term contract.
• D) The willful and persistent breach of the partnership agreement by a partner.
• E) The personal bankruptcy of a partner, the death of a partner or the expiry of the term of a fixed-term contract.

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Definitions:

Chemical Abusers

Individuals who compulsively use substances, including drugs or alcohol, in a way that is harmful to themselves or others.

Hallucination

The experiencing of imagined sights, sounds, or other perceptions in the absence of external stimuli.

Schizophrenia

A chronic mental disorder characterized by episodes of psychosis, including delusions, hallucinations, disorganized speech, and impaired functioning.

Auditory

Related to the sense of hearing or the perception of sound.