Start learning →

If only one of several adventures becomes unlawful, the firm is affected how?

ALawful ones continue
BWhole firm dissolves
CFirm is registered
DPartners are fined
Answer & Solution
Correct answer: A. Lawful ones continue
The proviso to Section 41 keeps the firm alive for its lawful adventures when another becomes illegal.
Practise this question with Quill — CA Foundation →

Keep practising Partnership

Browse all Partnership questions for CA Foundation, or explore more Businesslaw topics.

Start a Partnership lesson →
Related questions