New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    When partnership firm can be dissolved by agreement?

    A By court Correct Answer Incorrect Answer
    B When some dispute arises Correct Answer Incorrect Answer
    C Death of partners Correct Answer Incorrect Answer
    D With consent of all the partners Correct Answer Incorrect Answer

    Solution

    Explanation: Section 40. Dissolution by agreement—A firm may be dissolved with the consent of all the partners or in accordance with a contract between the partners.

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