If a Limited Partner Dies or Leaves the Business, the Partnership

question 1

True/False

If a limited partner dies or leaves the business, the partnership is dissolved and a new partnership must be formed.

---

Definitions:

Expert Systems

Allow computers to mimic the thinking of human experts for applied problem‐solving.

Artificial Intelligence

The simulation of human intelligence processes by machines, especially computer systems, including learning, reasoning, and self-correction.

Highly Skilled

Highly skilled describes individuals who possess a high level of expertise, competencies, and experience in a particular field or profession.

Programmed Decision

A routine decision-making process that follows established procedures or rules, often used for recurring organizational problems.