write the difference between dissolution of partnership and dissolution of firm.
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Dissolution of a partnership refers to the discontinuance of the relation between partner and other partners of the firm. Dissolution of firm implies that entire firm ceases to exist, including the relation among all the partners. ... Business of the firm comes to an end.
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Dissolution of a partnership refers to the discontinuance of the relation between partner and other partners of the firm. Dissolution of firm implies that entire firm ceases to exist, including the relation among all the partners. ... Business of the firm comes to an end.
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