Under the UPA,dissolution by Operation of Law Occurs

question 61

Multiple Choice

Under the UPA,dissolution by operation of law occurs:

• A) if a partner has been adjudicated mentally incompetent.
• B) upon the bankruptcy of a partner.
• C) when a partner has engaged in conduct prejudicial to the business.
• D) when the business can be carried on only at a loss.

---

Definitions:

Current Concern

A present matter or interest that occupies an individual's attention and thought.

Incentive

Something that motivates or encourages an individual to take action or endeavor to achieve a certain goal.

Drive

An internal motivational state that compels an organism to engage in specific behaviors to satisfy physiological needs.

Bindra's Model

A motivational theory that integrates drive reduction theory and incentive theory, emphasizing the role of both internal physiological states and external stimuli.