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Tuesday, 27 October 2026
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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 Liquidity of the firm
  • B Death of the employee
  • C Insanity of a partner
  • D Resignation of an employee
Correct Answer: Option C
Explanation:
The insanity of a partner can lead to the dissolution of a partnership because partnership depends on the continued participation and legal capacity of its partners. A partner's permanent incapacity may therefore affect the continuation of the partnership.

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