Dissolution of a partnership could arise from

COMMERCE
WAEC 2023

Dissolution of a partnership could arise from

  • A. fall in output
  • B. death of a member
  • C. non access to capital
  • D. increase in market share

Correct Answer: B. death of a member

Explanation

The following reasons can give rise to dissolution of partnership are: admission of new partner, insanity of partner, death of a partner, withdrawal or retirement of partner etc.



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