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At the time of retirement of a partner, firm gets ______from the insurance company against the joint life policy taken jointly for all the partners: 
  • a)
    Policy value for the retiring partner and surrender value for the rest 
  • b)
    Surrender value 
  • c)
    Policy amount
  • d)
    None of these 
Correct answer is option 'B'. Can you explain this answer?
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At the time of retirement of a partner, firm gets ______from the insurance company against the joint life policy taken jointly for all the partners:a)Policy value for the retiring partner and surrender value for the restb)Surrender valuec)Policy amountd)None of theseCorrect answer is option 'B'. Can you explain this answer?
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At the time of retirement of a partner, firm gets ______from the insurance company against the joint life policy taken jointly for all the partners:a)Policy value for the retiring partner and surrender value for the restb)Surrender valuec)Policy amountd)None of theseCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about At the time of retirement of a partner, firm gets ______from the insurance company against the joint life policy taken jointly for all the partners:a)Policy value for the retiring partner and surrender value for the restb)Surrender valuec)Policy amountd)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for At the time of retirement of a partner, firm gets ______from the insurance company against the joint life policy taken jointly for all the partners:a)Policy value for the retiring partner and surrender value for the restb)Surrender valuec)Policy amountd)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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