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

question 94

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) a partner's withdrawal of cash from the partnership

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Definitions:

Conditions of Worth

Standards imposed by others and internalized that a person believes they must meet to be valued or accepted.

Expectancy Theory

A theory in psychology that proposes an individual's motivation is related to their expected outcomes of a behavior and the value they place on those outcomes.

External Locus of Control

A psychological concept suggesting that individuals believe external forces or circumstances primarily determine their life events and outcomes.

Situational

Related to or dependent on a particular set of circumstances or context.