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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 Amount.
  • b)
    Surrender Value.
  • c)
    Policy Value for the retiring partner and Surrender Value for the rest.
  • d)
    e. c. Policy Value for the retiring partner and Surrender Value for the rest.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
At the time of retirement of a partner, firm gets ……&hel...
Restructured. It may face several financial and operational challenges. However, it also presents opportunities for growth and development. The firm may need to reassess its goals and strategies, as well as its financial and operational structures. It may also need to consider new partnerships or alliances, or explore new markets and opportunities. Overall, the retirement of a partner can be a significant turning point for a firm, and it requires careful planning and management to ensure a successful transition.
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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 Amount.b)Surrender Value.c)Policy Value for the retiring partner and Surrender Value for the rest.d)e. c. Policy Value for the retiring partner and Surrender Value for the rest.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 Amount.b)Surrender Value.c)Policy Value for the retiring partner and Surrender Value for the rest.d)e. c. Policy Value for the retiring partner and Surrender Value for the rest.Correct 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 Amount.b)Surrender Value.c)Policy Value for the retiring partner and Surrender Value for the rest.d)e. c. Policy Value for the retiring partner and Surrender Value for the rest.Correct 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 Amount.b)Surrender Value.c)Policy Value for the retiring partner and Surrender Value for the rest.d)e. c. Policy Value for the retiring partner and Surrender Value for the rest.Correct answer is option 'B'. Can you explain this answer?.
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