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Commerce · Q718

Accounting

Graduate and Post Graduate · Commerce · question 718

Q718

A firm stands dissolve in the following cases 1. the partners agree that the firm should be dissolved. 2. the business becomes legal. 3. in case of partnership at will, a partner gives notice of dissolution. 4. the court orders dissolution. Select the correct answer:

A.
1, 2 and 4
B.
Only 3
C.
Both 2 and 3
D.
Only 2
Answer

Answer: Option D

Solution

Answer: Option D
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