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Commerce · Q179

Business and Commerce

Graduate and Post Graduate · Commerce · question 179

Q179

In case of dissolution of partnership, the business of the firm __________.

A.
does not come to an end
Answer
B.
comes to an end
C.
will come to an end shortly
D.
constitution of the firm remains unchanged

Answer: Option A

Solution

Answer: Option A
Solution:
In case of dissolution of partnership, the business of the firm does not come to an end. Dissolution of partnership changes the mutual relations of the partners.