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In today's video, the focus is on the dissolution of partnerships. While partnerships can be beneficial, they may become uncomfortable when issues arise. It's important to recognize when a partnership has reached its natural conclusion. The dissolution can occur in five ways: 1) Automatically, due to a partner's death or bankruptcy. 2) By giving notice, as outlined in the Partnership Act of 1890, specifically sections 26 or 30. Any partner can dissolve the partnership by providing written notice if there is no express or implied agreement in place. This means that in the absence of a written partnership agreement, a notice suffices for dissolution.