Multiple choice

In which of the following cases, is dissolution of partnership through court not possible?

  1. Insanity of a partner

  2. Misconduct by the partner

  3. Insolvency of partner

  4. Incapacity of partner

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

When all the partners, or one of the partners is declared insolvent, the firm is automatically dissolved. There is no need to move the court in that case.