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Question
Jim and Kyle are partners in J&K Sales, which exports computer equipment under a three-year partnership agreement. The U.S. government declares that the equipment can no longer be exported. J&Ka. dissolves by agreement as soon as the stated term expires.
b. dissolves by an act of the partners as soon as they agree.
c. dissolves by operation of law unless Jim and Kyle change the business.
d. does not dissolve under any circumstances.
Answer
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