Which of the Following Will Result in the Dissolution of a Partnership

question 146

Multiple Choice

Which of the following will result in the dissolution of a partnership?

• A)admission of a new partner
• B)purchase of plant assets for the business
• C)contribution of an asset by an existing partner
• D)partner withdrawal of cash

---

Definitions:

Debt

An amount of money borrowed by one party from another, under the condition that it is to be paid back at a later date, usually with interest.

Tax Rate

The share of profits or income that individuals or companies must pay to the government as taxes.

Market-To-Book Ratio

A financial ratio that compares a company's market value to its book value, used to evaluate whether a stock is under or overvalued.

WACC

The Weighted Average Cost of Capital is a method used to determine a company's capital cost, where each type of capital is weighted according to its proportion.