When a partner dies, the partnership is dissolved unless there is any agreement to the contrary. Discuss whether his next-of-kin can automatically assume his position as a partner replacing the deceased

Rita has resigned from a partnership agreement with Kiko and Luku, but she still receives periodical notices from them regarding the financial debts of the partnership business. Advise Rita whether she still has any liability in the business.

Answer rating: 100% (QA)

When a partner dies the partnership is dissolved unless there is any agreement to the contrary Wheth... View the full answer