Which of the following does not lead to the dissolution of a partnership?
Answer Details
The dissolution of a partnership is the end of a partnership agreement. The question asks which of the options does not lead to the dissolution of a partnership.
The absence of a deed of partnership or agreement can make the partnership difficult to enforce but does not necessarily lead to dissolution. Withdrawal of a partner or incapacity of any of the partners can lead to dissolution if the partnership agreement does not provide for such situations, but the question asks for an option that does not lead to dissolution.
Therefore, the option that does not lead to dissolution of a partnership is the completion of the contractual term, which is the end of the agreed partnership period or duration. When the partnership agreement is completed as agreed, the partnership is dissolved, and the partners are free to renew the partnership agreement if they choose to continue their business relationship.