Asked by
Ashika Priya
on Nov 21, 2024Verified
Which of the following is true regarding "provisional dissolution" of a partnership in Spain?
A) Provisional dissolution is followed by litigation to determine the legitimacy of the termination request.
B) Provisional dissolution occurs whenever a partner requests dissolution without the intervention of the court.
C) Provisional dissolution occurs whenever a party dies.
D) Provisional dissolution is the only method of dissolution of a partnership in Spain.
E) Provisional dissolution is effective for 30 days prior to actual dissolution in order to allow the parties to wind-up the partnership.
Provisional Dissolution
The temporary termination of a company's legal existence, subject to certain conditions or pending outcomes.
Spain
A country located in southwestern Europe on the Iberian Peninsula, known for its rich history, diverse culture, and significant contributions to art, literature, and global exploration.
- Master the legal and theoretical aspects associated with dissolving partnerships.
- Interpret the applicable laws and acts governing partnerships.
Verified Answer
SM
Learning Objectives
- Master the legal and theoretical aspects associated with dissolving partnerships.
- Interpret the applicable laws and acts governing partnerships.
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