Vidyalelo
Law · Q401

Indian Partnership Act

Graduate and Post Graduate · Law · question 401

Q401

Where a firm is carrying on more than one type of business, under the proviso to section 41(b) of the Act, the firm escapes compulsory dissolution if

A.
All the businesses remain lawful
B.
Majority of the businesses remain lawful
C.
Least business remains lawful
Answer
D.
Either (A) or (B) or (C)

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board