We have reached the end of the partnership's existence. Dissolution is usually followed by winding up after which the partners lead separate ways.

In the beginning of any kind of relationship, one does not usually think of the consequences of parting. When the business is booming, it is awkward, even absurd, to be thinking of dissolution. In fact, some traditional folks deliberately refuse to discuss dissolution for being "unlucky".

True enough, practically nobody is happy or excited about dissolution. However, you do recall that at least one cause of dissolution is inevitable - death of a partner. The rest of the causes of dissolution is a result of a situation or a series of situations where "something went terribly wrong somewhere".

For instance, take the case of dissolution because of the expulsion of a partner or because of a partner's civil interdiction or because a partner has been guilty of conduct that is prejudicial to the business. Somebody did something seriously wrong.

Think about the case of dissolution because a partner became insane, or insolvent, or incapable of performing his part of the partnership contract. Somebody is suffering from something really bad.

Think of the rest of the causes of dissolution. Are they as inevitable as death? Or are they preventable situations? If you believe that they are preventable, what should partners do to prevent their occurrence and thereby continue to nurture the partnership agreement?