Multiple choice

In the case of death of a partner,

  1. when the firm is not dissolved, then the estate of the deceased partner is not liable for any act of the firm done after his death

  2. the position of a deceased partner is the same as that of insolvent partner

  3. no public notice is required to be given on the death

  4. All of the above

  5. None of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

All are correct assertions with regard to deceased partner.

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