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WAEC Commerce 2002 Question 5

Question 5

Business Units

Which of the following does not lead to the dissolution of a partnership?

  1. A.Absence of a deed of partnership
  2. B.Withdrawal of a partner
  3. C.Incapacity of any of the partners
  4. D.Completion of contractual term
Show the answer and explanation

Answer: A (Absence of a deed of partnership)

Explanation

A partnership can exist without a written deed (the Partnership Act then applies), so lack of a deed does not end it.