Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Dissolution of Partnership Firm

Question:

Match List-I with List-II

List-I

List-II

(A) Compulsory Dissolution

(I) A partner persistently commits breach of partnership agreement.

(B) Happening of contingencies

(II) Death of a partner

(C) Dissolution by Court

(III) According to contract between the partners.

(D) Dissolution by agreement

(IV) Business becomes illegal

Choose the correct answer from the options given below:

Options:

(A)-(IV), (B)-(I), (C)-(III), (D)-(II)

(A)-(II), (B)-(I), (C)-(IV), (D)-(III)

(A)-(IV), (B)-(II), (C)-(I), (D)-(III)

(A)-(III), (B)-(IV), (C)-(I), (D)-(II)

Correct Answer:

(A)-(IV), (B)-(II), (C)-(I), (D)-(III)

Explanation:

The correct answer is Option (3) → (A)-(IV), (B)-(II), (C)-(I), (D)-(III)

List-I

List-II

(A) Compulsory Dissolution

(IV) Business becomes illegal

(B) Happening of contingencies

(II) Death of a partner

(C) Dissolution by Court

(I) A partner persistently commits breach of partnership agreement.

(D) Dissolution by agreement

(III) According to contract between the partners.