Which will not lead to a dissolution of a partnership

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Problem 1: Which of the following will not lead to a dissolution of a partnership?

a. Death of a partner

b. Withdrawal of a partner

c. Admission of a new partner

d. Auction sale of some of its assets

Problem 2: Total partners' equity will not be affected when a retiring partner

a. withdraws assets equal to his capital balance

b. withdraws assets less than his capital balance

c. sells his interest to a new or remaining partner

d. withdraws assets greater than his or her capital balance

Reference no: EM132744880

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