Question

Choose the correct answers from the alternatives given.
In case of a partnership at will, a partner may retire by giving ________.

• A. an oral notice to that effect to any of the working partners
• B. an oral notice to that effect to all other partners
• C. a written notice to that effect to all other partners
• D. a written notice to that effect to any of the working partners
• E. a written notice to that effect to the registrar of firms

Answer 1

Answer: (C)

a written notice to that effect to all other partners

In a partnership, a partner may retire: With the consent of all the partners, In accordance with an express agreement by the partners, or. The partnership is at will, by giving notice in writing to all the other partners of his intention to retire.