Q152
Which of the following terms of the original contract do not apply to the partnership continued after the expiration of the original term
A.
A clause giving one partner an option of buying the other's share within three months after the expiration of the partnership by efflux of time
B.
A clause providing for arbitration for resolution of disputes
C.
A clause empowering either partner, if the other neglects the business, to dissolve the partner-ship by notice and purchase his share at a valuation
AnswerD.
All the above
Answer: Option C
Solution
Answer: Option C
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