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      Question

      Where under a contract between the partners the firm is

      not dissolved by the death of a partner, the estate of a deceased partner is _____________
      A Mutually by the parties Correct Answer Incorrect Answer
      B May be liable if the Court decides so Correct Answer Incorrect Answer
      C Liable for any act of the firm done after his death Correct Answer Incorrect Answer
      D Not liable for any act of the firm done after his death Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Partnership Act: Section 35. Liability of estate of deceased partner - Where under a contract between the partners the firm is not dissolved by the death of a partner, the estate of a deceased partner is not liable for any act of the firm done after his death.Β 

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