English

Give a word/term/phrase which can substitute the following statement: A person who represents the deceased partner. - Book Keeping and Accountancy

Advertisements
Advertisements

Question

Give a word/term/phrase which can substitute the following statement:

A person who represents the deceased partner.

One Word/Term Answer
Advertisements

Solution

Legal heir or executor

Explanation:

The person who represents the deceased partner is his legal heir or executor. This person is entitled to receive the amount due to the deceased partner.

shaalaa.com
  Is there an error in this question or solution?
Chapter 5: Reconstitution of Partnership (Death of Partner) - Exercise 2 [Page 140]
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×