If a Partner Dissolves a Partnership in Violation of the Partnership

question 18

True/False

If a partner dissolves a partnership in violation of the partnership agreement,the partner can be held liable for wrongful dissolution.

---

Definitions:

Middleman

A generic term for intermediaries in the distribution channel who facilitate transactions between producers and end consumers.

Distribution Chain

A sequence of intermediaries that goods pass through from the manufacturer to the final consumer.

Intermediary

Entities or individuals that act as a mediator or a link between two parties, typically in a transaction or communication process.

Legal Authority

The officially sanctioned power to make decisions, to direct others, or to enact laws or directives.