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Law · Q252

Indian Partnership Act

Graduate and Post Graduate · Law · question 252

Q252

Out of the following which is not the correct statement regarding 'retirement of a partner'?

A.
A partner may retire with the consent of all other partners
B.
A partner may retire in accordance with an express agreement by the partners
C.
A partner may retire with the consent of any other partner
Answer
D.
Where the partnership is at will, a partner may retire, by giving notice in writing to all the other partners of his intention to retire

Answer: Option C

Solution

Answer: Option C
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