term1 Definition1term2 Definition2term3 Definition3
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DISSOLUTION
The change in the relation of the partners caused by any partner ceasing to be associated in the carrying of the business. (Article 1828)
WINDING UP
The process of settling the business or affairs of the partnership after dissolution.(Art. 1829)
TERMINATION
The point when all the business or affairs of the partnership are completely wound up.
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