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easyMCQCUET Accountancy 2025 3 June Shift 22026Accountancy
1 mark

The dissolution of partnership may take place in any of the following ways EXCEPT:

  1. A
    Change in existing profit sharing ratio
  2. B
    Admission of a new partner
  3. C
    Death of a partner
  4. D
    Expansion of the business

Solution & Step-by-step Explanation

Dissolution of a partnership relates to changes in partner relationships (reconstitution) like admission, retirement, death, or PSR change. Business expansion alone is an operational activity and does not trigger structural dissolution.

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The dissolution of partnership may take place in any of the following ways EXCEPT:
A
Change in existing profit sharing ratio
B
Admission of a new partner
C
Death of a partner
D
Expansion of the business

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PartnershipDissolutionDissolution vs Reconstitution

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