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प्रश्न
Consider the following statements
Statement 1: "Dissolution takes place when the relation among the partner's comes to an end."
Statement 2: "This can be done either voluntarily or compulsorily."
पर्याय
Only statement 1 is correct.
Only statement 2 is correct.
Both the statements are correct.
None of the above
MCQ
उत्तर
Both the statements are correct.
Explanation:
When the commercial relationship between the current partners ends, dissolution occurs. This can be done either freely or involuntarily, depending on the court's order.
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