Dissolution of a partnership occurs when any partner decides to end their involvement in the business. There are several ways a partnership can dissolve including voluntary withdrawal of any partner, court order, operation of law due to illegal purpose/expiration of term, or by agreement of all partners. The document discusses the different types of partnership dissolution and the processes involved.
Dissolution of a partnership occurs when any partner decides to end their involvement in the business. There are several ways a partnership can dissolve including voluntary withdrawal of any partner, court order, operation of law due to illegal purpose/expiration of term, or by agreement of all partners. The document discusses the different types of partnership dissolution and the processes involved.
Dissolution of a partnership occurs when any partner decides to end their involvement in the business. There are several ways a partnership can dissolve including voluntary withdrawal of any partner, court order, operation of law due to illegal purpose/expiration of term, or by agreement of all partners. The document discusses the different types of partnership dissolution and the processes involved.