CUET Accountancy - Which of the following combination of statements are true about dissolution- (A) A firm is compulsorily dissolved when a partner decide to retire. (B) Dissolution of a partnership is different from dissolution of a firm. (C) A partnership is dissolved when there is a death of a partner. (D) Dissolution of a firm necessarily involves dissolution of partnership. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Accountancy 2025 14 May Shift 1

Partnership

Medium

(A), (B) and (D) only

(A), (B) and (C) only

(B), (C) and (D) only

(A), (C) and (D) only

✅ Correct Option: 3

Related questions:

2 June Shift 2

An unrecorded asset is taken over by a creditor in full settlement in such a case

27 May Shift 2

In which of the following ways does dissolution of a firm take place?

(A) Dissolution by agreement

(B) Compulsory dissolution

(D) Dissolution by notice

Choose the correct answer from the options given below:

30 May Shift 2

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

(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:

CUET Accountancy 2025 14 May Shift 1 PYQs

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