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Steps involved in Establishing Business Test 2

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Steps involved in Establishing Business Test 2
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  • Question 1
    1 / -0
    On which of the following grounds all or any one of the Partner can apply to the court for Dissolution?
  • Question 2
    1 / -0
    On the dissolution of a Firm, every Partner or his representative is entitled to have the __________ applied in payment of the debts and liabilities of the Firm.
  • Question 3
    1 / -0
    After dissolution, the Firm is not bound by the acts of a Partner who __________.
  • Question 4
    1 / -0
    When a Partner is expelled otherwise than in good faith, it is ______.
  • Question 5
    1 / -0
    The accounting rule in respect of loss arising due to insolvency of a Partner is dealt with in ________.
  • Question 6
    1 / -0
    In which of the following cases, the firm is not dissolved by the order of the court?
  • Question 7
    1 / -0
    For Dissolution of a Firm, Partners may apply to the Court on the ground of_______.
  • Question 8
    1 / -0
    Reconstitute of firm takes place expect in case of _________.
  • Question 9
    1 / -0
    Upon dissolution of Firm, the Surplus left after settlement of the debts and liabilities of the Firm shall be ______________.
  • Question 10
    1 / -0
    Arun paid a premium for entering into Partnership for a fixed term. The Firm is dissolved before the expiry of such term, due to difference of opinion between Partners. Here  _________.
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