Which of the Following Does Not Result in the Dissolution

question 61

Multiple Choice

Which of the following does not result in the dissolution of a partnership?

• A)Death of a partner
• B)Admission of a new partner
• C)Withdrawal of a partner
• D)Sale of partnership assets

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Definitions:

Current Value

The present worth of an asset or investment, which can fluctuate over time due to market dynamics and conditions.

Nuclear Warheads

Explosive weapons that derive their destructive force from nuclear reactions and can cause massive destruction and loss of life when detonated.

Corporation

A legal entity recognized by law, distinct from its owners, with rights to own assets, incur liabilities, and conduct business.

Sole Proprietorship

A business owned and operated by a single individual, with no legal distinction between the owner and the business.