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Question
Answer in one sentence only.
How the death of a partner is a compulsory retirement?
One Line Answer
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Solution
After the death of a partner, business is not able to get any kind of services from a deceased partner and so we can say that the death of a partner is like a compulsory retirement.
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Chapter 5: Reconstitution of Partnership (Death of Partner) - Exercise 5.1 (Objective Questions) [Page 201]
