Chase, marla, and enrique have been operating a chain of self-service laundries as a general partnership for many years. marla declares bankruptcy. in most states, marla's bankruptcy will:
a. cause the partnership to declare bankruptcy.
b. cause marla's dissociation from the partnership.
c. dissolve the partnership automatically.
d. do nothing to the partnership.

b. cause Marla's dissociation from the partnership

Explanation:

In a partnership, there is an advantage among members to share the risks that might occur in the business. The law of business provides that if a partner is declared bankrupt, he/she will be force to leave the partnership and other members to carry on with it if they wish to. Therefore, among the three partners, if Marla is declared bankrupt, he will be forced to disassociate himself from the partnership. The correct answer is B.

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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