If No Fixed Duration of the Partnership Is Specified, the Partnership

question 7

True/False

If no fixed duration of the partnership is specified, the partnership is a partnership at will, which means that it cannot be dissolved.

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Definitions:

Right Of Way

A type of easement that allows the crossing of another’s land.

Prescription

An authorized written instruction from a medical practitioner for the preparation and administration of a medicine or medical device.

Habitual Use

Frequent and regular use of something, often implying dependence or a pattern that is hard to break.

Residential Tenancies

Legal arrangements and protections concerning the leasing of residential properties between landlords and tenants.