Where a contract between the partners provides for the mode of dissolution, and the firm is dissolved in accordance with that subsisting contract, such a dissolution of firm is called
A. Dissolution by agreement under section 40 of the Act
B. Dissolution by notice under section 43 of the Act
C. Compulsory dissolution under section 41 of the Act
D. Dissolution by operation of law under section 42 of the Act
Answer: Option A
Join The Discussion