Olin Is a Partner in Precision Plumbing

question 12

Multiple Choice

Olin is a partner in Precision Plumbing. When the partners decide to dissolve the firm, Olin collects and distributes the assets. This results in

• A)nothing with respect to the firm's existence.
• B)the continuation of the firm's business.
• C)the termination of the firm's legal existence.
• D)the temporary suspension of the firm's business.

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