Manjeet and mohammad registered a partnership buisness called MM2 unfortunately one of the partners left the MM2
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Question:
Manjeet and mohammad registered a partnership buisness called MM2 unfortunately one of the partners left the MM2 partnership after a year what was the legal status of the partnership business after that?
A. MM2 business continued after that with no changes
B. the departing partner sold his shares to an outside partner and the partnership continued
C. MM2 had to cease to exit legally as the original partnership
D. The departing partner had no ;legal right to exit and collapse the partnership
Related Book For
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
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