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WAEC Financial Accounting 2025 Question 35

Question 35

Partnership Admission, Retirement and Dissolution

Which of the following circumstances will not lead to dissolution of a partnership? When a partner

  1. A.is bankrupt.
  2. B.retires.
  3. C.dies.
  4. D.is handicapped.
Show the answer and explanation

Answer: D (is handicapped.)

Explanation

Bankruptcy, retirement and death end the partnership; a partner becoming handicapped does not by itself.