CUET Accountancy - 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? | PYQs + Solutions

CUET Accountancy 2025 15 May Shift 1

Partnership

Easy

Section 32

Section 35

Section 37

Section 39

✅ Correct Option: 4

Related questions:

31 May Shift 1

Which combination of statements is true about dissolution-

(A). Dissolution of a partnership is different from dissolution of a firm.

(B). A partnership is dissolved when there is a death of a partner.

(C). A firm is dissolved when all partners give consent to it.

(D). A firm is compulsorily dissolved when a partner decides to retire.

Choose the correct answer from the options given below:

27 May Shift 2

On the happening of certain contingencies, Subject to contract between the partners, a firm is dissolved ,

(A) if constituted for a fixed term, by the expiry of that term.

(B) If constituted to carry out one or more ventures, by the completion thereof.

(C)by the death of a partner

(D) by the adjudication of a partner as an insolvent

Choose the correct answer from the options given below:

31 May Shift 1

After transferring liabilities like creditors and bills payables in the Realisation Account, in the absence of any information regarding their payment, such liabilities are treated as:

CUET Accountancy 2025 15 May Shift 1 PYQs

Keyboard Shortcuts