Examlex
Marta and Matt are divorced and are concerned about the well-being of their 3 elementary age children. They want to have a good post partnership arrangement. What should they do to achieve these goals?
Right to Dissociate
The legal ability of a partner to leave a partnership under laws governing business partnerships, potentially triggering buyout provisions or dissolution of the partnership.
Dissociate
To separate or remove oneself from an association, relationship, or partnership.
Partnership
Two or more individuals engaging in a legal business structure, where management roles and profits are shared.
Dissolution
The closing down or ending of an entity or agreement, such as the dissolution of a company or marriage.
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