Multiple choice

A partner may retire

  1. with the consent of all the other partners

  2. in accordance with an express agreement by the partners

  3. where the partnership is at will, by giving notice in writing to all the partners of his intention to retire

  4. All of the above

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

As provided under section 32 of the Partnership Act, a partner may retire with the consent of all the other partners; in accordance with an express agreement by the partners; where the partnership is at will, by giving notice in writing to all the partners of his intention to retire.