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Pick the odd one out. Admission of Partner Death of a Partner Retirement of a Partner Dissolution of the Partnership firm -

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Question

Pick the odd one out.

Options

  • Admission of Partner

  • Death of a Partner

  • Retirement of a Partner

  • Dissolution of the Partnership firm

MCQ

Solution

Dissolution of the Partnership firm

Explanation:

The dissolution of a partnership firm is unusual in that it results in the firm's closure and the reconstitution of the partnership.

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