emilylunaa
26.08.2020 •
Business
The process of taking care of the partnership's outstanding obligations and distributing any remaining assets:
a. Winding up Operation of law
b. Dissolution
c. Alienation
d. Acts of the parties Futility
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Ответ:
Winding up
Explanation:
Winding up in partnership is a post dissolution procedure that entails the distribution and liquidation of any remaining partnership property and assets, settling outstanding debts owed to non partners and sharing of remaining assets among the remaining partners.
The five guiding steps to winding up partnership are
Review partnership agreementDiscuss the decision to wind up with partnersFill a dissolution formNotify concerned partiesSettle and close out all account,Ответ: