________ occurs when a general partner ceases to be associated with the business;________ is the final act of winding up the business.
A)Dissolution;termination
B)Expulsion;dissolution
C)Termination;dissolution
D)Agency;dissolution

Question

Quizplus · Accepted Answer

According to the given options, dissolution is the act of winding up the business. When a general partner ceases to be associated with the business, it is also called dissolution. Therefore, option A is the correct answer. The second blanks can be filled with the word termination, which refers to the final act of winding up the business.

________ Occurs When a General Partner Ceases to Be Associated