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If a partner wishes to leave the partnership, what is typically required?

Practice Questions

1 question
Q1
If a partner wishes to leave the partnership, what is typically required?
  1. A unanimous decision from all partners
  2. A written notice to the remaining partners
  3. Immediate withdrawal without notice
  4. A financial penalty

Questions & Step-by-step Solutions

1 item
Q
Q: If a partner wishes to leave the partnership, what is typically required?
Solution: Typically, a partner must provide written notice to the remaining partners if they wish to leave.
Steps: 0

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