Which Event Would Not Result in the Automatic Dissolution of a Partnership

question 41

Multiple Choice

Which event would not result in the automatic dissolution of a partnership?

• A)A partner's illness
• B)The admission of a new partner
• C)The retirement of an old partner
• D)The bankruptcy of a partner

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Definitions:

Investor Has Control

This indicates a situation where an investor has significant influence over the management and operations of a company, often through ownership of a majority of voting shares.