Abby,Igor,Ted,and Tim Were Operating a Restaurant in Partnership

question 25

Multiple Choice

Abby,Igor,Ted,and Tim were operating a restaurant in partnership.Ted received a letter from his university offering him an opportunity to teach the other students.Since,Ted always wanted to teach,he left the partnership.The partnership firm wanted to announce that Ted was no longer their partner since Ted had been handling a lot of purchases and dealing with some big customers.Which of the following statements could they file in order to do so?

• A)Statement of partnership authority
• B)Statement of dissolution
• C)Statement of dissociation
• D)Statement of denial
• E)Statement of liquidation

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Definitions:

Abundant Silica

The presence of a high concentration of silicon dioxide in rocks or magma, which affects their viscosity and melting point.

Less Viscous

Refers to a substance's decreased resistance to flow, implying it moves more freely compared to more viscous materials.

Magma Volatile

Gases and other volatile substances that are dissolved in magma and can affect its viscosity and eruption style.

Chemistry

The scientific branch that studies the composition, structure, properties, and change of matter.