Partnership termination and liquidation in Ethiopia can occur in two ways: termination without court intervention if partners agree to dissolve or the purpose/term expires, or termination by court order for good cause such as serious partner disputes or duties not being fulfilled. The liquidation process involves converting assets to cash, settling all liabilities, and distributing any remaining cash to partners according to their agreement or equally if not specified. The commercial code of Ethiopia outlines the specific procedures and responsibilities of partners/liquidators during termination and liquidation of a partnership.