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Question

A partner may retire from an existing firm __________________.

A
With consent of all partners
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B
As per express agreement
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C
By written notice in partnership at win
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D
All of the above
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Solution

The correct option is D All of the above
Every partner is an agent of the partnership firm. Individuals have to enter into a contract to become partners. A partner may retire from an existing firm:a) With consent of all partners
b) As per express agreement
c) By written notice in partnership at win.

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