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XYZ firms consists of 4 partner viz, X, Y, Z and A, having one fourth share each in the profits of the firm. According to X, Y and Z activities of A are not in the interest of the partnership and thus want to expel A from the firm. Advise whether:

  • a)
    X, Y and Z should seek retirement from the firm 

  • b)
    Yes, X, Y and Z can expel A from the firm 

  • c)
    No, X, Y and Z cannot expel A from the firm 

  • d)
    None of the above.

Correct answer is option 'B'. Can you explain this answer?
Verified Answer
XYZ firms consists of 4 partner viz, X, Y, Z and A, having one fourth ...
Correct Answer :- B
Explanation : Yes, X, Y and Z can expel A from the firm. If A is not interested in the firm then the proprietor of the firm XYZ can expel A from the firm.
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Most Upvoted Answer
XYZ firms consists of 4 partner viz, X, Y, Z and A, having one fourth ...
Correct Answer :- B
Explanation : Yes, X, Y and Z can expel A from the firm. If A is not interested in the firm then the proprietor of the firm XYZ can expel A from the firm.
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Community Answer
XYZ firms consists of 4 partner viz, X, Y, Z and A, having one fourth ...
The answer should be c
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XYZ firms consists of 4 partner viz, X, Y, Z and A, having one fourth share each in the profits of the firm. According to X, Y and Z activities of A are not in the interest of the partnership and thus want to expel A from the firm. Advise whether:a)X, Y and Z should seek retirement from the firmb)Yes, X, Y and Z can expel A from the firmc)No, X, Y and Z cannot expel A from the firmd)None of the above.Correct answer is option 'B'. Can you explain this answer?
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