Choose the combination of statements that are true about dissolution:(A) Dissolution of partnership can not take place without intervention of the court.(B) Court can order a firm to be dissolved when a partner becomes insane.(C) A firm is compulsorily dissolved when a partner decides to retire.(D) A partnership is dissolved when there is a death of a partner.Choose the correct answer from the options given below:

Let's assess each statement:(A) False: Dissolution of a partnership happens routinely via mutual agreements, expiration of terms, or retirement without any court intervention.(B) True: Under Section 44, a court can order dissolution if a partner becomes insane.(C) False: The retirement of a partner leads to the dissolution of the old partnership agreement, but the remaining partners can choose to continue the firm. It does not force a compulsory dissolution of the entire firm.(D) True: Unless stated otherwise in the agreement, the death of a partner automatically dissolves the existing partnership contract.Hence, statements (B) and (D) are true.