Question:medium
Which of the following events does not result in reconstitution?
Which of the following events does not result in reconstitution?
Show Hint
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.
Alternative scenarios involve amendments to the agreement, leading to reconstitution.
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