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easyMCQCUET Accountancy 2025 14 May Shift 22026Accountancy
1 mark

According to section _________ of the Indian Partnership Act, 1932, the dissolution of partnership between all the partners of a firm is called the dissolution of the firm.

  1. A
    36
  2. B
    37
  3. C
    38
  4. D
    39

Solution & Step-by-step Explanation

According to Section 39 of the Indian Partnership Act, 1932, the dissolution of partnership between all the partners of a firm is defined as the "dissolution of the firm". It signifies the complete breakdown of the business relations among all partners, leading to the winding up of the business affairs.

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According to section _________ of the Indian Partnership Act, 1932, the dissolution of partnership between all the partners of a firm is called the dissolution of the firm.
A
36
B
37
C
38
D
39

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