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    Question

    Where under a contract between the partners the firm is not dissolved by the death of a partner, the estate of a deceased partner is _____________

    A Mutually by the parties Correct Answer Incorrect Answer
    B May be liable if the Court decides so Correct Answer Incorrect Answer
    C Liable for any act of the firm done after his death Correct Answer Incorrect Answer
    D Not liable for any act of the firm done after his death Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Partnership Act: Section 35. Liability of estate of deceased partner - Where under a contract between the partners the firm is not dissolved by the death of a partner, the estate of a deceased partner is not liable for any act of the firm done after his death. 

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