Which among the following are the modes of dissolution?A. Dissolution by NatureB. Compulsory DissolutionC. Dissolution by AgreementD. Dissolution by NoticeChoose the correct answer from the options given below:
- AB, C and D only
- BA, C and D only
- CA, B and C only
- DA, D and B only
Solution & Step-by-step Explanation
The legally recognized modes of dissolution of a partnership firm include Compulsory Dissolution, Dissolution by Agreement, and Dissolution by Notice. "Dissolution by Nature" is not a valid legal term.