The Court may order a partnership firm t

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Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Dissolution of Partnership Firm

Question:

The Court may order a partnership firm to be dissolved in which of the following case?

Options:

When the business of the firm becomes illegal

On the death of a partner

When a partner becomes insane

On the expiry of the term of the partnership

Correct Answer:

When a partner becomes insane

Explanation:

The correct answer is Option (3) → When a partner becomes insane