Formal accounting of partnership affairs


Assignment:

Adam, Stanley, and Rosalind formed a partnership in State X to distribute beer and wine. Their agreement provided that the partnership would continue until December 31, 2013. Which of the following events would cause the ABC partnership to dissolve? If so, when would the partnership be dissolved?

a. Rosalind assigns her interest in the partnership to Mary on April 1, 2011.
b. Stanley dies on June 1, 2013.
c. Adam withdraws from the partnership on September 15, 2012.
d. A creditor of Stanley obtains a charging order against Stanley’s interest on October 9, 2010.
e. In 2011, the legislature of State X enacts a statute making the sale or distribution of alcoholic beverages illegal.
f. Stanley has a formal accounting of partnership affairs on September 19, 2012.

Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Business Law and Ethics: Formal accounting of partnership affairs
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