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Law · Q253

Indian Partnership Act

Graduate and Post Graduate · Law · question 253

Q253

On death of a partner, in absence of any term to the contrary, a partnership firm is dissolved:

A.
Where the Will of deceased partner states that the partnership will be dissolved
B.
When last of the erstwhile partner dies
C.
When there were only two partners and one dies
Answer
D.
When a minor admitted to benefit of partnership dies

Answer: Option C

Solution

Answer: Option C
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