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Home › CBSE Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Dissolution of a Partnership Firm › On which ground may a court dissolve a firm at a…

On which ground may a court dissolve a firm at a partner's suit?

ABusiness can run only at a loss
BA partner wishes to retire
CA partner changed his residence
DSales fell by 10 percent in a year
Answer & Solution
Correct answer: A. Business can run only at a loss
Carrying on the business only at a loss is a listed ground for court dissolution.
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