Multiple choice

In which of the following cases is a public notice not required?

  1. Insolvency of a partner

  2. Expulsion of a partner

  3. Retirement of a partner

  4. Dissolution of a firm

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

Option (1) is correct: A public notice is not required in case of insolvency and death of a partner.