MrSmith and Mr

question 69

Multiple Choice

Mr.Smith and Mr.Blue enter into a partnership at will in which each owns half of the business.Mr.Blue decides to leave the partnership.What should Mr.Blue be paid for leaving the business?

• A) Mr.Blue should be paid half of the value of the business.
• B) Mr.Blue should receive 15% of the value of the business for leaving agreement.
• C) Mr.Blue receives 1/3 of the value of the business for leaving.
• D) Mr.Blue receives nothing for his dissociation.

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