In good faith and based on the contract between partners, a partner may be expelled from the firm by ______________.
A
Unanimous consent of all the partners
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B
Majority of the partners
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C
Any of the working partners
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D
Any of the dormant partners
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Solution
The correct option is C Majority of the partners According to the Partnership Act 1932, the partners those are in agreement with the partnership deed who are taking part in the conduct of business and management of the firm and those who are dormant partners can decide on majority whether to expel a partner or not otherwise in good faith.