[Solved] If any event happens which makes it unlawful for the business of the firm to be carried on or for the partners to carry it on it partnership, then

Q.	If any event happens which makes it unlawful for the business of the firm to be carried on or for the partners to carry it on it partnership, then
A.	Firm is compulsorily dissolved
B.	Partnership is reconstituted
C.	Firm becomes an illegal association
D.	Firm is declared insolvent
Answer» A. Firm is compulsorily dissolved

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Fundamentals of Laws and Ethics

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