Park and Graham entered into a written partnership agreement to operate a retail store. Their agreement was silent as to the duration of the partnership or its purposes. Which of the following statements is true?

A. Park may dissociate from the partnership at any time.
B. Unless Graham consents to a dissolution, Park must apply to a court and obtain a decree ordering the dissolution.
C. Park may dissolve the partnership by any reasonable means.
D. Park may dissolve the partnership only after notice of the proposed dissolution is given to all partnership creditors.

Answer: A. Park may dissociate from the partnership at any time.

Business

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