Dissolution and liquidation of business units - Jamb Commerce Past Questions and Answers

Question 21:

• JAMB 2019

A partnership may be automatically dissolved due to the following factors except________

A. Court verdict
B. Joint decision
C. Admission of new partners
D. Bankruptcy of a partner

Question 22:

• JAMB 2019

The process of winding up or bringing a company to an end is________

A. Dissolution
B. Liquidation
C. Integrating
D. Merger