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Modes of Dissolution

Where all the...

Question

Where all the partners except one decide to retire from the firm, it is known as __________

A

Dissolution by court

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B

Dissolution by notice

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C

Dissolution by agreement

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D

Compulsory dissolution

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Solution

The correct option is D
Compulsory dissolution

Where all the partners except one decide to retire from the firm, it is known as Compulsory dissolution.

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Q. In which of the following ways a partnership firm may be dissolved?
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IV. Dissolution by court

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Q. When all the partners agree to dissolve the firm, it is known as dissolution by .

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Case(c): It.the partnership agreement provides for dissolution. by any. majority of the .partner

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