Question on: JAMB Commerce - 2023
A partnership is dissolved due to
A
resignation of an employee
B
liquidity of the firm
C
death of the employee
D
insanity of a partner
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Correct Option: D
A partnership can be dissolved for various reasons, including the insanity of a partner. The inability of a partner to participate in the business due to mental incapacity can lead to the dissolution of the partnership.
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