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Target Exam

CUET

Subject

-- Accountancy Part A

Chapter

Dissolution of Partnership Firm

Question:

Choose combination of statements that are true about dissolution-

(A) Dissolution of partnership can not take place without intervention of the court.
(B) Court can order a firm to be dissolved when a partner becomes insane.
(C) A firm is compulsorily dissolved when a partner decide to retire.
(D) A partnership is dissolved when there is a death of a partner.

Choose the correct answer from the options given below:

Options:

(B) and (D) only

(A), (B) and (D) only

(A) and (D) only

(B), (C) and (D) only

Correct Answer:

(B) and (D) only

Explanation:

The correct answer is Option (1) → (B) and (D) only

CUET Questions