Identify three reasons that can lead to dissolution of partnership.

Reasons for dissolution.

  • Completion of the intended purpose or period agreed upon
  • Loss of one partner
  • Request of dissolution by one partner
  • A change in the country’s law disqualifying the business.
  • A court order.
  • Inability of the business to meet its claims / liabilities.

(Visited 18 times, 1 visits today)
Share this:

Written by 

Leave a Reply

Your email address will not be published. Required fields are marked *