English

State Whether the following Statement is True or False: No partner can transfer his share in the firm without the consent of other partners.

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Question

State Whether the following Statement is True or False:

No partner can transfer his share in the firm without the consent of other partners.

True or False
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Solution

The statement is true.

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Chapter 1: Accounting for Partnership Firms - Fundamentals - OBJECTIVE TYPE QUESTIONS [Page 1.142]

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D. K. Goel Accountancy Part A Volume 1 and 2 [English] Class 12
Chapter 1 Accounting for Partnership Firms - Fundamentals
OBJECTIVE TYPE QUESTIONS | Q (B) 27. | Page 1.142
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