question_answer

Assertion (A) :

Reconstitution of a firm always lead to change in profit-sharing ratio among the partners.

Reason (R) :

The main purpose of Reconstitution is to find Sacrificing Ratio or Gain Ratio.

Choose the Correct Option from the following :

A) Assertion and Reason both are correct and Reason is the correct explanation of assertion.

B) Assertion and Reason both are correct but Reason is not correct explanation of assertion.

C) Both Assertion and Reason are not correct

D) Only Assertion is correct.