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Question

In case of the dissolution of , the firm continues its operations, after some internal restructuring.

A
the business
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B
an agreement
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C
a firm
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D
a partnership
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Solution

The correct option is D a partnership
In case of the dissolution of a partnership, the firm continues its operations, after some internal restructuring. In the case of the dissolution of the firm, the firm ceases its operations and all the partners stop being associated with the firm.

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