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Board Question Paper : August 2020 — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountBoard Question Paper : August 20201 Mark
Question
What is the dissolution of a partnership firm ?
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Answer

As per Section $39$ of Indian Partnership Act when all partners get separated through dissolution of firm, that brings end to their partnership - it is known as dissolution of firm.

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