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Compulsory Dissolution Questions

Practice 5 Compulsory Dissolution questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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Practice by Exam:Accountancy(5)

About Compulsory Dissolution — practice questions, PYQs & concepts

Compulsory Dissolution is a frequently-tested topic on Accountancy. ExamTest.live currently lists 5 Compulsory Dissolution questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Compulsory Dissolution weight in competitive exams

Across our Compulsory Dissolution question bank, the largest sources are Accountancy (5). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

  • Start easy: 2 easy Compulsory Dissolution questions are available — build fluency before moving up.
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All Compulsory Dissolution Questions(1–5 of 5)

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Q1easymcqAccountancyCUET Accountancy 2025 13 May Shift 22026
When the business of a partnership firm becomes illegal due to changes in regulations or laws, it leads to dissolution under which category?
Q2mediummcqAccountancyCUET Accountancy 2025 22 May Shift 22026
Which of the following indicates a situation of compulsory dissolution?
Q3mediummcqAccountancyCUET Accountancy2026
In which of the following situations can the compulsory dissolution of a partnership firm take place?
Q4mediummcqAccountancyCUET Accountancy 2025 30 May Shift 12026
A firm is dissolved compulsorily under Section 41 of the Indian Partnership Act in the following cases:(A) When all the partners or all but one partner, become insolvent.(B) When the business of the firm becomes illegal.(C) Change in existing profit sharing ratio among partners.(D) When some event has taken place which makes it unlawful for the partners to carry on the business of the firm in partnership.Choose the correct answer from the options given below:
Q5easymcqAccountancyCUET Accountancy 2025 30 May Shift 22026
A partnership firm is dissolved compulsorily in the following cases:(A) when all the partners or all but except one partner, become insolvent, rendering them incompetent to sign a contract(B) When the business of the firm becomes illegal(C) Change in existing profit sharing ratio among partners(D) When some event has taken place which makes it unlawful for the partners to carry on the business of the firm in partnership, e.g., when a partner who is a citizen of a country becomes an alien enemy because of the declaration of war with his country and India. Choose the correct answer from the options given below:

Frequently Asked Questions

How many Compulsory Dissolution questions are on ExamTest.live?▼
We have 5 Compulsory Dissolution questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
Are Compulsory Dissolution MCQs free?▼
Yes. All Compulsory Dissolution questions, answers, and explanations on ExamTest.live are completely free. No account or subscription required.
Which exams include Compulsory Dissolution questions?▼
Compulsory Dissolution questions are commonly asked in Accountancy. You can filter by exam using the links above.
How do I practice Compulsory Dissolution questions effectively?▼
Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.