Read the situation below and answer the 3 questions that follow A partnership firm called ABC Architects which is a partnership at will, has been operating for more than 10 years and had built a good name for itself in the field of architecture. The firm has a total of 50 partners and one of the partners has conveyed that it wishes to exit the venture to commence a new venture separate from the original venture. Question 1: Considering that at the moment, the firm is operating, explain the rights and duties of a partner in the firm. Also discuss the activities which partners may perform or may not perform without separate permissions from other partners. (10 Marks) Question 2: Lets consider that the other partners in the partnership would not want to dissolve the firm and would also want to expand it in the future, while also permitting the current partner to leave. In light of this situation, provide a step by step guidance to the other partners on the steps that they may take to continue their business as a partnership while ensuring that both the unwilling partner could exit and the firm could be expanded. (10 Marks) Question 3: Let us consider that the partner who wanted to exit the firm sent a notice to the other partners for the dissolution of the firm. In this situation, explain the status of the firm after the circulation of the notice and liabilities of the partners in this situation. Also, discuss how the goodwill of the firm should be dealt with to prevent a disadvantage to any partner. (5 Marks)