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Law · Q449

Indian Partnership Act

Graduate and Post Graduate · Law · question 449

Q449

Where under a partnership agreement the goodwill belongs to a partner, after the dissolution, the goodwill

A.
Shall belong to all the partners and everyone has a share in the goodwill
B.
Shall belong to the same partner and he shall be in the same position as the buyer of the goodwill
Answer
C.
Shall not belong to any of the partners
D.
Shall belong to the partner having the highest contribution

Answer: Option B

Solution

Answer: Option B
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