Question

Death of a partner does not requires which of the following?

• A. Revaluation of assets and liabilities.
• B. Public notice of death.
• C. Distribution of existing profit and reserves.
• D. Settlement of the account of the deceased partner.

Answer 1

The correct option is B Public notice of death.

Death of partner is uncertain, it does not required public notice . And also in case of admission of the partner it does not required to public notice . The public notice is required only when partner are retire.