I can continue as long as long partner want its terminated when any patner give a notice of withdrawal from partnership to the firm.
A) partnership at will
B) particular partnership
C) general partnership
D) limited partnership
Answers
Answer:
A because it continues or terminate depends on the decisions of the partner.
Answer:
The correct answer to this question is A) partnership at will.
Explanation:
What is a partnership at will?
A type of collaboration that develops when there is no set timeframe for the relationship or when the partnership is established for an ambiguous period of time. A partner can give the other partner notice to dissolve an at-will partnership at any time. A business partnership that has no set period for the partnership's duration is known as a partnership at will. In other words, it is entirely unrestricted. A partnership at will is one that doesn't specify how long the company will stay in operation. It is essentially a partnership where the partners haven't agreed to stay together for a set, predetermined period of time.
Thus, the partners are not held responsible if the relationship is dissolved at any moment.