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Florida Bar Examination
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A partner in a Florida general partnership that was formed for an indefinite term (a 'partnership at will') provides written notice to the other partners of her express will to withdraw from the partnership, effective immediately. According to the Florida Revised Uniform Partnership Act (FRUPA), what is the direct legal consequence of this action?
The withdrawal is wrongful, and the partner is liable for any resulting damages.
The partner is 'dissociated' from the partnership, which does not automatically cause its dissolution.
The partnership is immediately and automatically dissolved and must begin the winding up process.
The withdrawal is ineffective until approved by a majority of the remaining partners.
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Correct Answer:
The partner is 'dissociated' from the partnership, which does not automatically cause its dissolution.
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