When a Partnership Is Terminated,the Assets Are Turned into Cash

question 4

Multiple Choice

When a partnership is terminated,the assets are turned into cash and obligations are paid.This process is called:

• A)dissolution.
• B)termination.
• C)realization.
• D)None of the above.

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Definitions:

Oppression

The systematic and unjust treatment of people, where power is exercised by one group over another in harmful ways.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Empowerment

The process of increasing the degree of autonomy and self-determination in people or communities to enable them to represent their interests in a responsible and self-determined way.

Pathologies

The study of diseases, their causes, processes, development, and consequences.