A partnership is dissolved due to
- resignation of an employee
- liquidity of the firm
- death of the employee
-
insanity of a partner
The correct answer is: D
Explanation
Dissolution of partnership is coming to an end of a partnership agreement due to the following:
- death of a partner
- joint decision
- insolvency of the business
- insanity of a partner
- expiration of agreement
- bankruptcy of a partner