Any change in the relationship of existing partners which results at an end of the existing agreemen

MCQ Answer

Any change in the relationship of existing partners which results at an end of the existing agreement and enforces making of a new agreement is called

Topic : ACCOUNTING MASTERS IN TALLY ERP9

A. Revaluation of partnership

B. Reconstitution of partnership

C. Realisation of partnership

D. None of the above

Correct Answer is :

B. Reconstitution of partnership