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Which will not lead to dissolution

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Reference no: EM132744856

Problem 1: In calculating safe payment to partners, we should assume that:

a. Partnership liabilities will not be paid

b. No more liquidation expenses will be paid

c. All non-cash assets are worthless

d. None of the above

Problem 2:  Which of the following will not lead to dissolution?

a. Insanity of a partner

b. Capital deficiency of a partner

c. Bankruptcy of a partner

d. Admission of a new partner

Reference no: EM132744856

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