TAILIEUCHUNG - Lecture Business law: The ethical, global, and e-commerce environment (15/e): Chapter 39 - Mallor, Barnes, Bowers, Langvardt

Chapter 39 - Partners’ dissociation and partnerships’ dissolution and winding up. Upon completion of this lesson, the successful participant will be able to: Define dissociation and identify actions that cause wrongful and nonwrongful dissociations, understand the causes of dissolution and the process of winding up, identify issues involved in adding new partners to existing partnerships. | Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 9 Introduction to Forms of Business and Formation of Partnerships Operation of Partnerships and Related Forms Partners’ Dissociation and Partnerships’ Dissolution and Winding Up Limited Liability Companies, Limited Partnerships, and Limited Liability Limited Partnerships Partnerships P A R T Partners’ Dissociation and Partnerships’ Dissolution and Winding Up P A E T R H C 39 Change is inevitable, but it is in us to control its content and directions. Indira Ghandhi , Indian Prime Minister, speech (Jan. 8, 1967) Learning Objectives Define dissociation and identify actions that cause wrongful and nonwrongful dissociations Understand the causes of dissolution and the process of winding up Identify issues involved in adding new partners to existing partnerships Sometimes even the best-laid plans go awry and a business fails Sometimes, it is simply time to make a change by modifying a partnership

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