The Dissolution of a Partnership May Occur

question 434

Multiple Choice

The dissolution of a partnership may occur:

• A) if a partner is found to be bankrupt
• B) if the business of the partnership is made unlawful
• C) if a partner dies
• D) if a partner is found to be bankrupt or if a partner dies
• E) if a partner is found to be bankrupt or if a partner dies or if the business of the partnership is made unlawful

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Definitions:

Piecework

A system of employment where the worker is paid a fixed rate for each unit produced or action completed rather than receiving an hourly or salaried wage.

United Mine Workers

A labor union that represents coal miners in the United States, established to improve wages and working conditions.

Looking Backward

A utopian science fiction novel by Edward Bellamy, published in 1888, depicting a future society in the year 2000 characterized by equality and cooperation.

Edward Bellamy

An American author and socialist, most famous for his utopian novel "Looking Backward" (1888), which imagined a future society based on cooperative ownership and the absence of poverty.