Any partner has the power to dissolve a term partnership by giving notice to the other partners.

Question

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In a term partnership, which is a partnership established for a fixed duration or for a specific project, a partner does not have the unilateral right to dissolve the partnership simply by giving notice to the other partners before the end of the term or completion of the project, unless there is an agreement among the partners that allows for this or unless there are grounds for dissolution under applicable law. Dissolution without cause may lead to breach of the partnership agreement and potential liability.

Any Partner Has the Power to Dissolve a Term Partnership