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Law · Q99

Indian Partnership Act

Graduate and Post Graduate · Law · question 99

Q99

When the firm is named after the retiring partner, the retiring partner has a right to

A.
Set up a precisely similar business under the same name
B.
Set up a precisely similar business but not under the same name
Answer
C.
Set up a precisely similar business under a new name which suggests a connection with the firm he has left
D.
Either (B) or (C)

Answer: Option B

Solution

Answer: Option B
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