Under the UPA, After Dissolution

question 52

Multiple Choice

Under the UPA, after dissolution:

• A) the partnership must be liquidated.
• B) the remaining partners have the right to continue the partnership if the majority of them agree.
• C) the remaining partners have the right to continue the partnership if the partnership was dissolved in contravention of the partnership agreement.
• D) the partnership must be liquidated only if the dissolution was caused by the expulsion of a partner in accordance with the partnership agreement.

---

Definitions:

Outer Core

The liquid layer of the Earth's core that lies beneath the mantle and surrounds the inner core, composed mostly of iron and nickel.

Subduction Zone

A region where one tectonic plate slides underneath another, often leading to volcanic activity and earthquakes.

Volcanoes

Openings in the Earth's crust through which molten rock, ash, and gases are ejected.

Plate Tectonics

A scientific theory explaining the movement of the Earth's lithosphere, which is divided into tectonic plates, over the more fluid asthenosphere.