what results in death of partner of the firm
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When a partner dies, subject to any contract to the contrary, partnership is dissolved. ... However, in cases where the terms of the partnership deed are silent on continuation of partnership's business, a contract to continue the partnership after the death of a partner may be implied from the conduct of the parties.
On the death of a partner, the partnership ceases to exist. But the firm may not cease to exist as the other remaining partners may decide to continue the business. In case of death of a partner, the treatment of various items is similar to that at the time of retirement of the partner.
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