Question : The dissolution of partnership between all the partners of a firm is called:
Option 1: Reconstitution of partnership firm
Option 2: Dissolution of partnership
Option 3: Dissolution of partnership firm
Option 4: Any of the above
Correct Answer: Dissolution of partnership firm
Solution : Dissolution of partnership between all the partners of a firm is called the dissolution of the partnership firm. All the books of accounts will be closed in the case of dissolution of a partnership firm. Hence the correct option is 3.
Question : Change in the existing agreement between the partners is called
Question : According to —— the dissolution of partnership between all the partners of a firm is called dissolution of the partnership firm.
Question : Any change in the relationship of existing partners which results in an end of the existing agreement and enforce a new agreement is called
Question : Dissolution by agreement implies ——-
Question : Which of the following does not result in consideration of a firm?
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