A partnership firm is dissolved except by ___________.

Expiry of term

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Due to marriage of any partner

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Due to death of any partner

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Due to insolvency of any partner

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Solution

The correct option is B Due to marriage of any partner
A partnership firm is dissolved when all partners become insolvent or all except one become insolvent. In the case of death of partner also , court may order to dissolve the firm. A partnership firm gets automatically dissolved after expiry of fixed period of time for which partnership firm is formed. But partnership firm can not be dissolved due to marriage of any partner, because marriage does not affect the working of firm.

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Similar questions

State any four situations in which court may order to dissolve a Partnership Firm.

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