The RULPA Specifies the Events That Will Trigger a Dissolution

question 51

Multiple Choice

The RULPA specifies the events that will trigger a dissolution, after which the partnership affairs must be liquidated. These events include which of the following?

• A) The expiration of the time period specified in the certificate.
• B) The unanimous written consent of all the partners.
• C) A limited partner's withdrawal from the partnership.
• D) The expiration of the time period specified in the certificate  and t he unanimous written consent of all the partners.

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Definitions:

Service Department

A division within a company that performs support functions, aiding the production or sales departments but not generating revenue directly.

Information Technology

The use of computers, storage, networking and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Operating Departments

Divisions within an organization directly involved in its core business activities, such as production or sales.

Computer Workstations

High-performance computers designed for technical or scientific applications, often used in professional environments for computing-intensive tasks.