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Law · Q502

Indian Partnership Act

Graduate and Post Graduate · Law · question 502

Q502

A firm is compulsory dissolved

A.
By the adjudication of all the partners or of all the partners but one as insolvent
B.
By the happening of any event which makes it unlawful for the business of the firm to be carried on or for the partners to carry it on in partnership
C.
Either (A) or (B)
Answer
D.
By the consent of majority of the partners

Answer: Option C

Solution

Answer: Option C
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