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What is dissolution of partner of a firm?
Verified Answer
What is dissolution of partner of a firm?
On dissolution of the firm, the business of the firm ceases to exist since its affairs are would up by selling the assets and by paying the liabilities and discharging the claims of the partners. The dissolution of partnership among all partners of a firm is called dissolution of the firm.
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Most Upvoted Answer
What is dissolution of partner of a firm?
Dissolution of partner means reconstitution of partnership as it cause change in agreements of partnership deed
Community Answer
What is dissolution of partner of a firm?
Dissolution means end and dissolution of the partner of firm means end of both the partnership and the firm
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What is dissolution of partner of a firm?
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What is dissolution of partner of a firm? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is dissolution of partner of a firm? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is dissolution of partner of a firm?.
What is dissolution of partner of a firm? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What is dissolution of partner of a firm? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is dissolution of partner of a firm?.
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