Which of the Following Will Not Result in Dissolution of a Partnership

question 16

Multiple Choice

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

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

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Definitions:

Shipping

The process of transporting goods and merchandise by land, air, or sea.

Balance of Payments

A record of all transactions made between entities in one country and the rest of the world over a specified period of time.

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Administrative bodies governing smaller regions below the level of the state or central government, typically responsible for local policies and services.

Federal Government

A system of government where powers and responsibilities are divided between a national government and smaller regional governments.