Practicing Success
Practicing Success
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| Assertion: Dissolution of partnership is different from the dissolution of the Partnership firm. Reasoning: Dissolution of partnership doesn’t dissolve the firm but the firm is dissolved in the dissolution of partnership firm. |
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A Assertion (A) is true but Reasoning (R) is not correct Assertion (A) is not true but Reasoning (R) is correct. |
| Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A |
| Both the statements are true and Reason(R) is the correct explanation of Assertion(A). As the dissolution of a partnership means the reconstitution of a firm whereas the dissolution of a partnership firm means the firm is closed. |
