NABTEB Commerce 2023 Objective — Question 8
Question 8 of 50 from the National Business and Technical Examinations Board (NABTEB) Commerce 2023 Objective paper, with the correct answer and a full explanation.
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A partnership is automatically dissolved by the (a) retirement of a partner (b) death of a partner (c) admission of a new partner (d) sale of partnership assets
- A. retirement of a partner
- B. death of a partnerCorrect
- C. admission of a new partner
- D. sale of partnership assets
Explanation
The death of a partner automatically dissolves a partnership, unless the partnership agreement provides otherwise.
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