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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Dissolution of a Partnership Firm › The business of a firm is made illegal by law. T…

The business of a firm is made illegal by law. The firm is dissolved by:

AContingency of death
BAgreement of all partners
CCompulsory dissolution
DNotice by one partner
Answer & Solution
Correct answer: C. Compulsory dissolution
Illegality of the business is listed among the cases of compulsory dissolution.
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