Question:medium

Which of the following events does not result in reconstitution?

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Reconstitution = change in agreement without ending the firm.
Updated On: Jan 14, 2026
  • Dissolution of partnership
  • Dissolution of firm
  • Death of a partner
  • Change in profit sharing ratio
Show Solution

The Correct Option is B

Solution and Explanation

Firm dissolution terminates operations without reconstitution.
Alternative scenarios involve amendments to the agreement, leading to reconstitution.
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