Under the Uniform Partnership Act (UPA), Dissolution of a Partnership

question 52

Multiple Choice

Under the Uniform Partnership Act (UPA) , dissolution of a partnership is said to be by the operation of law when:

• A) the partnership is at will and a partner wants to leave the organization.
• B) the entire partnership becomes bankrupt.
• C) the term of the partnership agreement has expired.
• D) all the partners decide that it is preferable to dissolve than to continue.
• E) the partners decide to discharge a partner though no provision permits them to do so.

---

Definitions:

Short-term

Relating to or occurring over a brief period of time, typically less than a year, often used in financial, planning, or project contexts.

Employee Personality

Refers to the set of emotional qualities, ways of behaving, and patterns of thought that are characteristic of an individual and influence their work performance and interactions.

Muscle Relaxation

A technique used to reduce stress and anxiety by tensing and then slowly relaxing each muscle group in the body.

Discrimination

Unjust or prejudicial treatment of different categories of people, particularly on the grounds of race, age, gender, or disability.