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Which of the following could result in the termination of a limited partnership? Mental illness of a partner Illegal purpose of the partnership All of

Which of the following could result in the termination of a limited partnership?

  • Mental illness of a partner
  • Illegal purpose of the partnership
  • All of the above
  • Bankruptcy

This is a passage from my text:

Terminating a Partnership

Both general and limited partnerships may be terminated by agreement, judicial decree (e.g., bankruptcy), by death or incompetence of a partner, by destruction of the object of the partnership, or by impracticability of the project. In the event that a limited partnership is terminated, the limited partners receive back any capital contribution or profit in priority to the general partner.

So bankruptcy is definite, but what about the other two?

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