Question

Under dissolution of the partnership, the firm’s business:

Answer 1

Answer:

Dissolution of partnership firm is a process in which relationship between partners of firm is dissolved. ... When the business of the firm becomes illegal due to some reason.

Answer 2

Explanation:

53.79 Dissolution - general

The dissolution of a partnership is the process during which the affairs of the partnership are wound up (where the ongoing nature of the partnership relation terminates).