Discuss the dissolution of an informal general partnership, LLC or LLP with a real life example.

What kinds of issues arise when the partners have no written agreement?

What specific guidance is offered by the Revised Uniform Partnership Act on the issue of dissolution?

Answer rating: 100% (QA)

Answer Dissolution of partnership firm is a process in which relationship between partners of firm is dissolved or terminated If a relationship between all the partners of firm is dissolved then it is ... View the full answer