QuestionJune 1, 2025

Partnership dissolution occurs automatically when: a. A partner dies. b. Partners disagree on profits. c. New products are introduced. d. Profits decrease.

Partnership dissolution occurs automatically when: a. A partner dies. b. Partners disagree on profits. c. New products are introduced. d. Profits decrease.
Partnership dissolution occurs automatically when:
a. A partner dies.
b. Partners disagree on profits.
c. New products are introduced.
d. Profits decrease.

Solution
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Answer

a. A partner dies. Explanation 1. Identify the condition for automatic dissolution A partnership automatically dissolves when a partner dies, as it affects the legal existence of the partnership.

Explanation

1. Identify the condition for automatic dissolution<br /> A partnership automatically dissolves when a partner dies, as it affects the legal existence of the partnership.
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