Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Dissolution of Partnership Firm

Question:

A partnership firm be dissolved if a partner has transferred the whole of his interest in the firm to a................

Options:

New partner

Old partner

Third party

All of these

Correct Answer:

Third party

Explanation:

When a partner has transferred the whole of his interest in the firm to a third party, it is dissolution by court.