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प्रश्न
Retiring partner is called an outgoing partner.
पर्याय
Agree
Disagree
MCQ
चूक किंवा बरोबर
उत्तर
I Agree with the given statement.
Explanation:
A retiring partner is a partner who voluntarily leaves the partnership firm due to personal reasons, age, or any other factor. Since they are exiting the firm, they are also referred to as an outgoing partner. The remaining partners may continue the business with or without a new partner.
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