Question : Change in the existing agreement between the partners is called

Option 1: Dissolution of Firm

Option 2: Reconstitution of Partnership

Option 3: Dissolution of Business

Option 4: None of the Above

Question : According to —— the dissolution of partnership between all the partners of a firm is called dissolution of the partnership firm.

Option 1: Section 38, of Indian partnership Act 1932

Option 2: Section 39, of Indian partnership Act 1932

Option 3: Section 32, of Indian partnership Act 1932

Option 4: Section 40, of Indian Partnership Act 1932

Question : Any change in the relationship of existing partners which results in an end of the existing agreement and enforce a new agreement is called 

Option 1: Revaluation of partnership

Option 2: Reconstitution of partnership

Option 3: Realization of partnership 

Option 4: Dissolution of firm 

Question : Dissolution by agreement implies ——-

Option 1: Firm is dissolved with consent of all partners

Option 2: Firm is dissolved in accordance with contract between the partners

Option 3: Firm is dissolved by the partnership Deed

Option 4: Both (1) and (2)

Question : Which of the following does not result in consideration of a firm?

Option 1: Dissolution of partnership firm

Option 2: Dissolution of partnership 

Option 3: Change  in profit sharing ratio of existing partners 

Option 4: Death of partners