Which of the following is true of dissociation?
A) All of the common law causes of dissociation are also causes under the RUPA.
B) A partner has the power to dissociate at any time by expressing the intent to withdraw from the partnership.
C) Which dissociations are wrongful are set forth by statute and cannot be modified by the partnership agreement.
D) The partnership agreement cannot modify the effects of wrongful dissociation.

Question

Quizplus · Accepted Answer

Under both the common law and RUPA, a partner has the power to dissociate at any time by expressing the intent to withdraw from the partnership. Options A, C, and D are incorrect because not all common law causes of dissociation are also causes under RUPA, which also allows for wrongful dissociation to be modified by the partnership agreement.

Which of the Following Is True of Dissociation