Under the Indian Partnership Act, 1932, after sale of goodwill, a partner may not:
Under s.55(2)(a) of the Indian Partnership Act, 1932, a partner is not, in the absence of a contrary agreement, entitled to use the firm name after the goodwill has been sold.
Choose your answer
Under the Indian Partnership Act, 1932, after sale of goodwill, a partner may not:
Answer and explanation
Correct answer C
Under s.55(2)(a) of the Indian Partnership Act, 1932, a partner is not, in the absence of a contrary agreement, entitled to use the firm name after the goodwill has been sold.
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