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A partnership is dissolved due to

A partnership is dissolved due to
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Resignation of an employee
  • B Liquidity of the firm
  • C Death of the employee
  • D Insanity of a partner
Correct Answer: Option D
Explanation:
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

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