Which of the following statements is true of a general partnership? a. a general partnership is dissolved any time there is a change in the partners. b. a general partnership must have at least one controlling partner. c. a dissolution does not necessarily destroy the business of a partnership. d. unlike proprietorships, partnerships are taxable entities. e. all partners in a general partnership have only limited liability for their organization’s debts.

The correct answer is letter "A": A general partnership is dissolved any time there is a change in the partners.

Explanation:

General partnerships take place when two or more parties come together to establish business activities. All the parties are equally liable for the organization's obligations. In front of a change in the parties -add or remove, there is a legal dissolution of the partnership. The retirement or pass-away of one of the members of the partnership or the introduction of a new member to the board are common causes of the dissolution of a general partnership.

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