Which of the Following Is True Regarding Rights of Partners

question 16

Multiple Choice

Which of the following is true regarding rights of partners in regard to a rightful dissolution of a partnership?

• A) All partners can demand that the partnership be wound-up but only the managing partner may participate in the wind-up.
• B) The partners may continue the partnership upon majority vote.
• C) If the partners unanimously agree, they can continue the business using the partnership's name.
• D) Rightful dissolution is by act of a partner only.
• E) Rightful dissolution is by act of court only.

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