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Under the RUPA, in a Term Partnership, If Within 90

question 39

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Under the RUPA, in a term partnership, if within 90 days after any specified cause of dissolution occurs, fewer than half of the remaining partners express their will to wind up the partnership business, the partnership will not dissolve.


Definitions:

Membership Declined

A decrease in the number of members belonging to a specific group or organization.

Interest Group

An organization aimed at influencing public policy and decision-making to favor its members' interests.

Housing Equity

The market value of a homeowner's unencumbered interest in their property, which can increase over time as the homeowner pays down their mortgage or as the property value appreciates.

Interest Group System

A structured set of organizations that seek to influence public policy and government decisions without directly seeking election.

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