What effect would this have on the


(a) State any FIVE circumstances which will result in the dissolution of a partnership without an order of court.

(b) The partnership business of Umukoro and Umoto can now only be carried on at a loss as a result of a new regulation by the Central Bank of Nigeria;

i. What effect would this have on the partnership?

ii. Advise the partners on how to achieve this effect.

 

 

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