Asked by
Kayla Francois
on Dec 18, 2024Verified
A partnership can continue after dissolution is complete.
Dissolution
The process of dissolving or winding up an entity or partnership, effectively ending its existence.
Partnership
A voluntary association between two or more people who co-own a business for profit.
- Understand the process and stages involved in the dissolution, winding up, and termination of a partnership.
Verified Answer
RL
Learning Objectives
- Understand the process and stages involved in the dissolution, winding up, and termination of a partnership.
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