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 Which of the following is not an example of Reconstitution of partnership firm?
  • a)
    Admission of a new partner
  • b)
    Retirement/Death of a partner
  • c)
    Change in Existing profit sharing ratio
  • d)
    Purchase of Assets for the business
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which of the following is not an example of Reconstitution of partners...
Reconstitution on a partnership means change in the number of partners through Admission, Retirement or Death of the partners or change in the ratio of partners. Puchase of Assets will not change the constitution of the partnership.
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Which of the following is not an example of Reconstitution of partnership firm?a)Admission of a new partnerb)Retirement/Death of a partnerc)Change in Existing profit sharing ratiod)Purchase of Assets for the businessCorrect answer is option 'D'. Can you explain this answer?
Question Description
Which of the following is not an example of Reconstitution of partnership firm?a)Admission of a new partnerb)Retirement/Death of a partnerc)Change in Existing profit sharing ratiod)Purchase of Assets for the businessCorrect answer is option 'D'. Can you explain this answer? for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Which of the following is not an example of Reconstitution of partnership firm?a)Admission of a new partnerb)Retirement/Death of a partnerc)Change in Existing profit sharing ratiod)Purchase of Assets for the businessCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is not an example of Reconstitution of partnership firm?a)Admission of a new partnerb)Retirement/Death of a partnerc)Change in Existing profit sharing ratiod)Purchase of Assets for the businessCorrect answer is option 'D'. Can you explain this answer?.
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