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Law · Q148

Indian Partnership Act

Graduate and Post Graduate · Law · question 148

Q148

The distribution of surplus assets of the partnership firm, among the partners amounts to

A.
Adjustment of the rights of the partners in the assents of the partnership
Answer
B.
Transfer of assets of the partnership
C.
Release of the assets of the partnership
D.
Relinquishment of the assets of the partnership

Answer: Option A

Solution

Answer: Option A
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