What happens to partnership property when a partner dies


Question: In the absence of a partnership agreement, what happens to partnership property when a partner dies? Group of answer choices Without a partnership agreement, there is no effect on partnership property. The surviving spouse takes the place of the deceased partner and shares equally in the rights to the partnership property. The surviving partners and the deceased partner's heirs receive the rights to the partnership property. The surviving partners and the surviving spouse receive the rights to the partnership property. The surviving partners receive the rights to the partnership property.

 

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Business Law and Ethics: What happens to partnership property when a partner dies
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