an agreement by the owners
a declaration by a court of law
the termination of its life
an unfavourable economic climtate
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The answer to this question is C not b, this is because - Dissolution of partnership is a way of putting the life of an existing partnership business to an end. A partnership business can be dissolved under the following conditions:
1. If the time fixed in the partnership agreement comes tom an end.
The partners can come together and decide that the business should be dissolved.
2. The death or bankruptcy of the general partners may lead to the dissolution of the business.
Dissolution can occur when partnership business can no longer perform its duties as a partnership business.
Compulsory Dissolution is an event can make it unlawful for the firm to carry on its business. In such cases, it is compulsory for the firm to dissolve. However, if a firm carries on more than one undertakings and one of them becomes illegal, then it is not compulsory for the firm to dissolve.
They said compulsory dissolution,.....it doesn't matter if the business has achieve its objectives or not,Once a court gives the order for its dissolution,it seize to operate,............The answer is so so correct
An Agreement By D Owner Can't Lead To D Dissoluction Of A Business Bcos Is Not Owned By One Person So One Person Can't Make A Decision
Point To Note: D Business Taking Abt Here Is D Same Things As Partnership Business.
It Can't B Terminate Of Its Life Bcos After Life Spam Of D Business D Business Can Stil Continue If D Business Is Makin Profit Unfavourable Economic Climate Can't Disolve D Business They Need To Relocate Of D Area It Can Only Be Disolve By Court Of Law Bcos Its legal To Operate After D Business As Been Disolve By D Court Of Law.
I tink (b) can also be d ans o bcos, wen climatic conditn is nt gud 4 d business, dey have no option dan 2 relocate o
my dear 1,d beginning of failure z nt trying 2 undastand d questn b4 given d ans the z a clause in d questn dat u ave all countd out. Let me tel u(check ur textbk 2 confirm) all d opt excpt d climate condition wil dissolve d buz,bt d 1 thr z no two ways abt it z d court order. Thank u all
It's B cos it would be more rigid to that of agreement by the owners by called me if I wrong to discuss on 08105979692
