A partnership may be dissolved if which of the following applies?

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A partnership may be dissolved for several reasons, and the correct answer encompasses scenarios that can legally lead to dissolution.

Unlawful activity is a significant factor; if a partnership engages in activities that are illegal, this can act as grounds for dissolution since such activities violate the foundational agreements and trust that uphold a partnership.

Additionally, a court decree under the partnership act can also result in dissolution. If disputes arise or if partners cannot agree on the partnership's operations, a court may intervene and order the partnership's dissolution based on the legal frameworks governing partnerships.

Failing to have a primary qualifying agent, though it could pose operational challenges, does not directly constitute grounds for the legal dissolution of a partnership. It may hinder the partnership's ability to conduct business legally, but it does not automatically fulfill the criteria for dissolution under the law.

Thus, the combination of unlawful activities and a court decree makes the correct answer comprehensive in addressing the legal parameters under which a partnership may be dissolved.

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