What act generally includes completing unfinished partnership business, collecting and paying debts, collecting partnership assets to be turned into cash and taking inventory?
What act generally includes completing unfinished partnership business, collecting and paying debts, collecting partnership assets to be turned into cash and taking inventory?
A Formation
B dissolution
C winding up
D termination
Answer is B
Take note not to pick termination. Dissolution is the first step in termination process
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