Examveda
Examveda

Where a firm is carrying on more than one type of business, under the proviso to section 41(b) of the Act, the firm escapes compulsory dissolution if

A. All the businesses remain lawful

B. Majority of the businesses remain lawful

C. Least business remains lawful

D. Either (A) or (B) or (C)

Answer: Option C


This Question Belongs to Law >> Indian Partnership Act

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