Unit 4
Chapter 5
Dissolution of Partnership
āĻ ংāĻļীāĻĻাā§°িāϤ্āĻŦ ā§°āĻĻ āĻā§°া
Questions
āĻĒ্ā§°āĻļ্āύāϏāĻŽূāĻš
MULTIPLE CHOICE QUESTIONS
āĻāĻাāϧিāĻ āĻŦিāĻāϞ্āĻĒāĻĒ্ā§°āĻļ্āύ
1. Dissolution of partnership between partners is called as :
1. āĻ ংāĻļীāĻĻাā§°āϏāĻāϞ⧰ āĻŽাāĻāϤ āĻ ংāĻļীāĻĻাā§°িāϤ্āĻŦ āĻংāĻ āĻā§°াāĻ āĻāύেāĻĻā§°ে āĻোā§ąা āĻšāϝ়:
(a) Dissolution of firm (b) Dissolution of Partnership (c) Both (a) and (b) (d) None of the above
(āĻ) āĻĢাā§°্āĻŽ ā§° āĻŦিāϞুāĻĒ্āϤি (āĻ) āĻ ংāĻļীāĻĻাā§°িāϤ্āĻŦ ā§° āĻĻāϞিāϞ
(āĻ) (āĻ) āĻā§°ু (āĻ) (āĻ) āĻāĻĒā§°ā§° āĻোāύোāĻোā§ąেāĻ āύāĻšāϝ়
Ans: (a) Dissolution of firm
āĻāϤ্āϤ⧰: (āĻ) āĻĢাā§°্āĻŽā§° āĻŦিāϞুāĻĒ্āϤি
2. Which of the following is not a mode of dissolution of firm with the intervention of the court?:
2. āύিāĻŽ্āύāϞিāĻিāϤ āĻোāύāĻো āĻāĻĻাāϞāϤ⧰ āĻšāϏ্āϤāĻ্āώেāĻĒā§° āĻĻ্āĻŦাā§°া āĻĢাā§°্āĻŽ āĻংāĻ āĻā§°াā§° āĻāĻ āĻĒāĻĻ্āϧāϤি āύāĻšāϝ়?:
(a) Insanity (b) Persistent Breach (c) Permanent Incapacity (d) None of the above
(āĻ) āĻĒাāĻāϞাāĻŽি (āĻ) āύিā§°āύ্āϤ⧰ āĻāϞংāĻāύ (āĻ) āϏ্āĻĨাāϝ়ী āĻ āĻ্āώāĻŽāϤা (āĻ) āĻāĻĒā§°ā§° āĻোāύোāĻো āύāĻšāϝ়
Ans: (d) None of the above
āĻāϤ্āϤ⧰: (āĻ) āĻāĻĒā§°ā§° āĻোāύোāĻো āύāĻšāϝ়
3. Dissolution by operation of law is called as :
3. āĻāĻāύ āĻĒā§°িāĻাāϞāύাā§° āĻĻ্āĻŦাā§°া āĻŦিāϞুāĻĒ্āϤāĻšোā§ąাāĻ āĻāύেāĻĻā§°ে āĻোā§ąা āĻšāϝ়:
(a) Dissolution by agreement (b) Compulsory dissolution (c) Dissolution by notice (d) All of the above
(āĻ) āĻুāĻ্āϤিā§° āĻĻ্āĻŦাā§°া āĻŦিāϞুāĻĒ্āϤি (āĻ) āĻŦাāϧ্āϝāϤাāĻŽূāϞāĻ āĻŦিāϞুāĻĒ্āϤি
(āĻ) āĻাāύāύীā§° āĻĻ্āĻŦাā§°া āĻŦিāϞুāĻĒ্āϤি (āĻ) āĻāĻĒā§°োāĻ্āϤ āϏāĻāϞোāĻŦোā§°
Ans: (b) Compulsory dissolution
āĻāϤ্āϤ⧰: (āĻ) āĻŦাāϧ্āϝāϤাāĻŽূāϞāĻ āĻŦিāϞুāĻĒ্āϤি
4. Which of the following contingency dissolves the firm?
4. āύিāĻŽ্āύāϞিāĻিāϤ āĻোāύāĻো āĻāĻāϏ্āĻŽিāĻāĻĒā§°িāϏ্āĻĨিāϤিāϝ়ে āĻĢাā§°্āĻŽāĻো āĻĻ্ā§°ā§ąীāĻূāϤ āĻā§°ে?
(a) Partner adjudged insolvent (b) Partner dies (c) Completion of venture (d) All of the above
(āĻ) āϏāĻ্āĻীāĻ āĻĻেāĻāϞীāϝ়া āĻŦুāϞি āĻŦিāĻŦেāĻিāϤ āĻā§°া āĻšāϝ় (āĻ) āϏāĻ্āĻীā§° āĻŽৃāϤ্āϝু āĻšāϝ়
(āĻ) āĻāĻĻ্āϝোāĻ āϏāĻŽ্āĻĒূā§°্āĻŖ āĻšোā§ąা (āĻ) āĻāĻĒā§°োāĻ্āϤ āϏāĻāϞোāĻŦোā§°
Ans: (d) All of the above
āĻāϤ্āϤ⧰: (āĻ) āĻāĻĒā§°ā§° āϏāĻāϞোāĻŦোā§°
FILL IN THE BLANKS
āĻাāϞী āĻ াāĻāĻŦোā§° āĻĒূā§°āĻŖ āĻā§°āĻ
1. Dissolution of firm _______ dissolution of partnership. [Includes/Excludes]
1. āĻĢাā§°্āĻŽā§° āĻŦিāϞুāĻĒ্āϤি _______ āĻ ংāĻļীāĻĻাā§°িāϤ্āĻŦ āĻংāĻ āĻā§°া। [āĻ āύ্āϤ⧰্āĻুāĻ্āϤ/āĻŦাāĻĻ āĻĻিāϝ়া]
Ans: 1. Includes
āĻāϤ্āϤ⧰: 1. āĻ āύ্āϤ⧰্āĻুāĻ্āϤ
2. Dissolution of partnership leads to _______ of firm. [formation/reconstitution]
2. āĻ ংāĻļীāĻĻাā§°িāϤ্āĻŦ ā§°āĻĻ āĻšোā§ąাā§° āĻĢāϞāϤ _______ āĻĻৃāĻĸ়। [āĻāĻ āύ/āĻĒুāύ⧰্āĻāĻ āύ]
Ans: 2. Reconstitution
āĻāϤ্āϤ⧰: 2. āĻĒুāύ⧰্āĻāĻ āύ
3. Partnership at will can be dissolved by _______. [Giving notice/Mutual Agreement]
3. āĻāĻ্āĻাāĻ āύুāϏ⧰ি āĻ ংāĻļীāĻĻাā§°ীāϤ্āĻŦ _______ [āĻাāύāύী/āĻĒাā§°āϏ্āĻĒā§°িāĻ āĻুāĻ্āϤি āĻĻিāϝ়া]
Ans: 3. Giving notice
āĻāϤ্āϤ⧰: 3. āĻাāύāύী āĻĻিāϝ়া
4. When all the partners of a firm die or become insolvent, the firm is dissolved ___________ [Compulsorily/at the option of partners]
4. āϝেāϤিāϝ়া āĻĢাā§°্āĻŽ āĻāĻাā§° āϏāĻāϞো āĻ ংāĻļীāĻĻাā§° āĻŽā§°ি āϝাāϝ় āĻŦা āĻĻেāĻāϞীāϝ়া āĻšৈ āĻĒā§°ে, āĻĢাā§°্āĻŽāĻো āĻĻ্ā§°ā§ąীāĻূāϤ āĻšāϝ় ________ [āĻ ংāĻļীāĻĻাā§°ā§° āĻŦিāĻāϞ্āĻĒāϤ āĻŦাāϧ্āϝāϤাāĻŽূāϞāĻāĻাā§ąে/āĻŦিāĻāϞ্āĻĒāϤ]
Ans: 4. Compulsorily
āĻāϤ্āϤ⧰: 4. āĻŦাāϧ্āϝāϤাāĻŽূāϞāĻāĻাā§ąে
5. Dissolution under section 42 _______ compulsory. [is/is not]
5. āϧাā§°া 42 ā§° āĻ āϧীāύāϤ āĻŦিāϞুāĻĒ্āϤি ______ āĻŦাāϧ্āϝāϤাāĻŽূāϞāĻ। [āĻšāϝ়/āύāĻšāϝ়]
Ans: 5. Is not
āĻāϤ্āϤ⧰: 5. āύāĻšāϝ়
TRUE/FALSE
āϏāϤ্āϝ/āĻŽিāĻা
1. Dissolution of partnership leads to dissolution of firm.
1. āĻ ংāĻļীāĻĻাā§°ীāϤ্āĻŦ āĻংāĻ āĻšোā§ąাā§° āĻĢāϞāϤ āĻĻৃāĻĸ়āϤা āĻংāĻ āĻšāϝ়।
Ans: 1. False
āĻāϤ্āϤ⧰: 1. āĻŽিāĻা
2. Even if the firm is running at loss, the firm has to be continued.
2. āĻāύāĻি āĻĢাā§°্āĻŽāĻো āϞোāĻāĻাāύāϤ āĻāϞি āĻĨাāĻিāϞেāĻ, āĻĢাā§°্āĻŽāĻো āĻ āĻŦ্āϝাāĻšāϤ ā§°াāĻিāĻŦ āϞাāĻিāĻŦ।
Ans: 2. False
āĻāϤ্āϤ⧰: 2. āĻŽিāĻা
3. Dissolution of firm results into winding up of the firm.
3. āĻĢাā§°্āĻŽā§° āĻĢāϞাāĻĢāϞāĻŦোā§° āĻŦিāϞুāĻĒ্āϤ āĻšৈ āĻĢাā§°্āĻŽāĻো āĻŦāύ্āϧ āĻā§°া।
Ans: 3. True
āĻāϤ্āϤ⧰: 3. āϏঁāĻা
SHORT QUESTIONS
āĻāĻŽু āĻĒ্ā§°āĻļ্āύ
1. Differentiate between Dissolution of Firm and Dissolution of Partnership.
1. āĻĢাā§°্āĻŽ āĻŦিāϞুāĻĒ্āϤি āĻā§°ু āĻ ংāĻļীāĻĻাā§°িāϤ্āĻŦ ā§° āĻŦিāϞুāĻĒ্āϤিā§° āĻŽাāĻāϤ āĻĒাā§°্āĻĨāĻ্āϝ āĻā§°āĻ।
Ans:
2. What is the consequence of dissolution of firm?
⧍. āĻĢাā§°্āĻŽ āĻāύ āĻংāĻ āĻā§°াā§° āĻĒā§°িāĻŖাāĻŽ āĻি?
Ans:
3. Write a short note on :
3. āĻāĻāĻŦোā§°ā§° āĻāĻĒā§°āϤ āĻāĻা āĻāĻŽু āĻোāĻা āϞিāĻāĻ:
(a) Compulsory dissolution (b) Dissolution by notice of Partnership at will
(āĻ) āĻŦাāϧ্āϝāϤাāĻŽূāϞāĻ āĻŦিāϞুāĻĒ্āϤি
(āĻ) āĻāĻ্āĻাāĻ āύুāϏ⧰ি āĻ ংāĻļীāĻĻাā§°িāϤ্āĻŦā§° āĻাāύāύীā§° āĻĻ্āĻŦাā§°া āĻŦিāϞুāĻĒ্āϤি
Ans:
LONG QUESTIONS
āĻĻীāĻāϞীāϝ়া āĻĒ্ā§°āĻļ্āύ
1. Explain the modes of dissolution of firm.
1. āĻĢাā§°্āĻŽ ā§° āĻŦিāϞুāĻĒ্āϤিā§° āĻĒāĻĻ্āϧāϤিāĻŦোā§° āĻŦā§°্āĻŖāύা āĻā§°āĻ।
Ans:
2. How can a firm dissolve without the intervention of the court?
2. āĻāĻĻাāϞāϤ⧰ āĻšāϏ্āϤāĻ্āώেāĻĒ āĻ āĻŦিāĻšāύে āĻāĻা āĻĢাā§°্āĻŽ āĻেāύেāĻৈ āĻŦিāϞীāύ āĻš'āĻŦ āĻĒাā§°ে?
Ans:
3. What is dissolution of firm? Can the court dissolve a firm?
3. āĻĢাā§°্āĻŽ ā§° āĻŦিāϞুāĻĒ্āϤি āĻি? āĻāĻĻাāϞāϤে āĻāĻা āĻĢাā§°্āĻŽ āĻংāĻ āĻā§°িāĻŦ āĻĒাā§°িāĻŦāύে?
Ans:
4. What are the rights of partners on dissolution of a firm?
4. āĻĢাā§°্āĻŽ āĻāĻা āĻংāĻ āĻā§°াā§° āĻ্āώেāϤ্ā§°āϤ āĻ ংāĻļীāĻĻাā§°āϏāĻāϞ⧰ āĻ āϧিāĻাā§° āĻি?
Ans:
5. Discuss both the rights and liabilities of partners on dissolution of a firm.
5. āĻĢাā§°্āĻŽ āĻāĻা āĻংāĻ āĻā§°াā§° āĻ্āώেāϤ্ā§°āϤ āĻ ংāĻļীāĻĻাā§°āϏāĻāϞ⧰ āĻ āϧিāĻাā§° āĻā§°ু āĻĻাāϝ়āĻŦāĻĻ্āϧāϤা āĻĻুāϝ়োāĻা āĻāϞোāĻāύা āĻā§°āĻ।
Ans: