CUET Preparation Today
A partnership is not dissolved when.......... |
A new partner is admitted into firm. Firm's business is closed down permanently. Firm's books of accounts are permanently closed. Economic relationship between partners comes to an end. |
A new partner is admitted into firm. |
The correct answer is option 1- A new partner is admitted into firm. A partnership is not dissolved when a new partner is admitted into firm as on admission of a partner reconstitution of the firm takes place. Reconstitution of the partnership firm takes place in the following ways- |
