e.founding partner Votes on the dissolution of the partnership 1. Dissolution of
ID: 2560569 • Letter: E
Question
e.founding partner
Votes on the dissolution of the partnership
1. Dissolution of the limited partnership is very similar to dissolution of the general partnership. The ____________ has no right or power to dissolve the partnership. While the death or bankruptcy of the limited partner rarely dissolves the partnership, the death of the general partner usually does (unless the agreement specifies otherwise). a. general partner b. full partner c. unlimited partner d. limited partnere.founding partner
Explanation / Answer
)option d
limited partner
limited partnerhsip is hybrid form of where the firm has at least one general partner with unlimited liability and one or more partners who are liable on to the extent of their cintribution ,thus they have no power to dissolve partnerhip
2) option b
participates heavily in the control of business
3)option d
all of these situations would lead to a rightly dissolved partnership
)option d
limited partner
limited partnerhsip is hybrid form of where the firm has at least one general partner with unlimited liability and one or more partners who are liable on to the extent of their cintribution ,thus they have no power to dissolve partnerhip
2) option b
participates heavily in the control of business
3)option d
all of these situations would lead to a rightly dissolved partnership
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