- 04/25/2019 at 7:10 am #608394EduGorillaKeymasterSelect Question Language :
Operation in a current account in the name a firm can be allowed in which of the following circumstances?
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- If one of the partners has become insolvent.
- If one of the partners has given instructions to stop payment while others agree for operations.
- If one of the partners has died and the remaining partners want the operations for winding up the business.
- If number of partners has reached 21 due to two minors that have decided to become partners after attaining majority.
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