A firm is dissolved at the time of Option 1: Admission of a partner Option 2: Retirement of a partner Option 3: Reconstitution of partnership firm Option 4: Insolvency of a partner

The answer is 'Insolvency of a partner'. View full solution:

CUET Accountancy - A firm is dissolved at the time of | PYQs + Solutions

CUET Accountancy 2022 15 July Shift 2

Partnership

Medium

Admission of a partner

Retirement of a partner

Reconstitution of partnership firm

Insolvency of a partner

✅ Correct Option: 4

Related questions:

15 May Shift 2

Which of the following event take place in the case of dissolution of a partnership firm

27 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Compulsory Dissolution	(I) A partner persistently commits breach of partnership agreement.
(B) Happening of contingencies	(II) Death of a partner
(C) Dissolution by Court	(III) According to contract between the partners.
(D) Dissolution by agreement	(IV) Business becomes illegal

Choose the correct answer from the options given below:

(A) - (IV), (B) - (I), (C) - (III), (D) - (II)
(A) - (II), (B) - (I), (C) - (IV), (D) - (III)
(A) - (IV), (B) - (II), (C) - (I), (D) - (III)
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

15 May Shift 1

According to which section of the partnership Act 1932, the dissolution of a partnership between all the partners of a firm is called the dissolution of the firm?

CUET Accountancy 2022 15 July Shift 2 PYQs

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