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Asked by Trenton Henderson on May 25, 2024

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Regardless of the partners' consent or agreement, the voluntary dissociation of a partner begins the dissolution of the partnership.

Voluntary Dissociation

The act of a member choosing to leave a partnership or business entity according to the agreement terms or state law.

Dissolution of Partnership

The dissolution of partnership refers to the process of terminating the legal relationship between partners and winding up a partnership's business activities.

Partners' Consent

Agreement or approval from all partners in a partnership agreement before certain actions can be undertaken.

  • Recognize the effects of a partner's withdrawal on the collaborative entity.
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TD
Taylor DoukasMay 28, 2024
Final Answer :
False
Explanation :
Voluntary dissociation of a partner does not automatically begin the dissolution of the partnership; the partnership can continue its business with the remaining partners, depending on the terms of the partnership agreement and applicable laws.

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