JAMB - Commerce (2023 - No. 55)
A partnership is dissolved due to
resignation of an employee
liquidity of the firm
death of the employee
insanity of a partner
Explication
Dissolution of partnership is coming to an end of a partnership agreement due to the following:
- death of a partner
- joint decision
- insolvency of the business
- insanity of a partner
- expiration of agreement
- bankruptcy of a partner
- death of a partner
- joint decision
- insolvency of the business
- insanity of a partner
- expiration of agreement
- bankruptcy of a partner