12th Class Accountancy Sample Paper Accountancy - Sample Paper-7

  • question_answer
    Khushi, Sarthak and Ayaan are partners in a firm. Sarthak gave a notice to khushi and Ayaan, in writing, informing them about his intention to retire. Can sarthak retire by giving a notice?

    Answer:

    No, Sarthak cannot retire by giving a notice in writing. A partner can retire by giving notice, if the partnership is at will.


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