If a Partnership Has Been Dissolved in Violation of the Partnership

question 49

Multiple Choice

If a partnership has been dissolved in violation of the partnership agreement,_____.

• A) the court, by itself, liquidates the assets of the business
• B) the court appoints a representative as receiver to wind up the business
• C) the remaining partners forfeit the right to wind up the business
• D) the innocent partners have the right to liquidate the partnership assets