Examveda

When a transferring partner ceases to be a partner in the firm or where the firm comes, to be dissolved, the transferee of the partner's interest in the firm is entitled to

A. Receive the share of the assets to which the selling partner was entitled

B. An account from the date of dissolution

C. Both (A) and (B)

D. Only (A) and not (B)

Answer: Option C


This Question Belongs to Law >> Indian Partnership Act

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