Question

A partnership at will may be dissolved by any partner by giving ________.

• A. an oral notice to all other partners of his intention to dissolve the firm.
• B. a notice in writing to any of the partners of his intention to dissolve the firm.
• C. a notice in writing to majority of the partners of his intention to dissolve the firm.
• D. a notice in writing to all other partners of his intention to dissolve the firm.

Answer 1

Answer: (D)

a notice in writing to all other partners of his intention to dissolve the firm.

A partnership at will can be dissolved at any time without any liability on the partners by giving a notice in writing to all the other partners of his intention to dissolve the firm. A partnership at will is one which does not provide for how long the business will continue. It is basically a partnership where partners have not agreed to remain in partnership until a definite fixed term.