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When a partner leaves the partnership, whether it be voluntary or by expulsion, death or bankruptcy, it is called

a. dissociation.
b. termination.
c. detachment.
d. separation.

User Alvise
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1 Answer

4 votes

Final answer:

When a partner leaves the partnership, whether it be voluntary or by expulsion, death or bankruptcy, it is called dissociation.

Step-by-step explanation:

When a partner leaves the partnership, whether it be voluntary or by expulsion, death or bankruptcy, it is called dissociation. Dissociation is the process of separating from a partnership and it can occur for various reasons. When a partner dissociates from a partnership, the partnership may continue with the remaining partners or it may be dissolved.

User Erik Martino
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