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Dissolution of a partnership, Financial Accounting
Dissolution of a partnership
A partnership is dissolved when:
It is temporary (maybe set up for a given period which has lapsed);
One partner notifies the others in writing, of his intention to retire;
A partner dies, becomes insane or bankrupt;
The partnership becomes unlawful.
Posted Date: 12/11/2012 5:46:37 AM | Location : United States
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