Question : Which of the following does not consist of reconstruction of partnership?
Option 1: Retirement and death of a partner
Option 2: Change in profit sharing ratio
Option 3: Admision of a partner
Option 4: Dissolution of partnership

Question

Question : Which of the following does not consist of reconstruction of partnership?

Option 1: Retirement and death of a partner

Option 2: Change in profit sharing ratio

Option 3: Admision of a partner

Option 4: Dissolution of partnership

Team Careers360 · Accepted Answer

Correct Answer: Dissolution of partnership

Solution : Answer = Dissolution of partnership

Changes in profit sharing ratio, admission and retirement of partners all are the causes of the reformation of partnership.

Dissolution of partnership does not consist of reformation of partnership.
Hence, the correct option is 4.

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Question : Which of the following does not consist of reconstruction of partnership?Option 1: Retirement and death of a partner Option 2: Change in profit sharing ratio Option 3: Admision of a partnerOption 4: Dissolution of partnership

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Question : Which of the following does not consist of reconstruction of partnership?
Option 1: Retirement and death of a partner
Option 2: Change in profit sharing ratio
Option 3: Admision of a partner
Option 4: Dissolution of partnership

Question :
A firm is reconstituted in the event of: