Question

Which of the following results in the dissolution of a partnership?

a. The withdrawal of a partner from the partnership
b. The receipt of share in profit by an existing partner
c. The contribution of additional assets by an existing partner to the partnership
d. The winding up of the partnership

Answer 1

The dissolution of a partnership occurs when a partner withdraws or when the partnership is wound up.

Step-by-step explanation:

The dissolution of a partnership occurs when the partnership is terminated or concludes its operations. The options that can result in the dissolution of a partnership are:

1. The withdrawal of a partner from the partnership: When a partner chooses to leave the partnership, it can lead to its dissolution.
2. The winding up of the partnership: If the partners decide to wind up the business and distribute its assets, the partnership will dissolve.