Assignment of a partner's interest will cause dissolution.

Name: Assignment of a partner's interest will cause dissolution.
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Question

Quizplus · Accepted Answer

Assignment of a partner's interest in a partnership does not cause dissolution of the partnership; it merely transfers the partner's share of the profits and losses and right to receive distributions to the assignee, but does not confer on the assignee the right to participate in the management or operations of the partnership.

Assignment of a Partner's Interest Will Cause Dissolution