Question:
Identify that will lead to dissolution of partnership
Identify that will lead to dissolution of partnership
Updated On: May 17, 2024
- When the business of the firm becomes illegal
- When a partner becomes insane
- When a partner persistently commits breach of partnership agreement
- When there is change in existing profit sharing ratio among partners
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The Correct Option is D
Solution and Explanation
The correct option is (D):When there is change in existing profit sharing ratio among partners
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