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3. a) Dissolution of a firm automatically leads to dissolution of the partnership.- Do you support the statement? Why? Explain with examples. b) Sony, Tony
3. a) "Dissolution of a firm automatically leads to dissolution of the partnership."- Do you support the statement? Why? Explain with examples.
b) Sony, Tony and Rony are operting a partnership business. Due to pandemic situation, they are facing huge losses continuously. Meanwhile, Rony transfers his share to an external member without the permission of other partners. If Sony and Tony want to take legal action, which type of dissolution can occur here? Justify your opinion.
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