To Ensure That a Dissolving Partner Does Not Create Additional

question 81

Multiple Choice

To ensure that a dissolving partner does not create additional liability for the partnership,which of the following is true regarding notice to be provided to a third party that has provided credit to a partnership?

• A)The third party may be notified through advertisement in the newspaper.
• B)There is no requirement that notice be provided because by law,the dissolving partner has no authority to bind the partnership.
• C)The third party must be provided written notice based on the statute of frauds.
• D)The third party must be provided direct verbal or written notice.
• E)The third party may be notified through a general post on the Internet at the partnership's website.

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