Which is true about partnership ?

A. It will be dissolved if one of the partners ceases to be connected with the partnership

B. Its capitalization must be equal for each partner

C. It has a perpetual life

D. It can be handed down from one generation of partners to another

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.