question 34 dissolution of a partnership can be brought about by a. the acts of the partners. b. operation of law c. judicial decree. d. all of these choices.

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29-11-2022
Social Studies

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question 34 dissolution of a partnership can be brought about by a. the acts of the partners. b. operation of law c. judicial decree. d. all of these choices.

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NomulaHarsh NomulaHarsh · Answer 1 · 2022-12-02T03:59:52-05:00

Dissolution of a partnership can be brought about by all of these choices which includes the acts of the partners, operation of law and judicial decree.

What do you mean by Dissolution of partnership?

In contrast to the dissolution of a firm, which also involves the dissolution of the relationship between partners, the dissolution of a partnership only changes the nature of the business relationship between partners. All of the assets and obligations in this case have been resolved and properly disposed of. By mutual permission or agreement, a partnership firm can be dissolved in the simplest and most hassle-free way possible. A contract between the partners or unanimous consent from all of the partners may end a partnership firm. A contract establishes a partnership and can also be used to end it.

Hence, D is the correct answer.

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