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    Which one of the following rights is usually not available to a partner consequent to the dissolution of a firm?
    Question



    Which one of the following rights is usually not available to a partner consequent to the dissolution of a firm?

    A.

    Right of equitable distribution of firm’s property

    B.

    Right to return of premium on premature winding up

    C.

    Right to be consulted

    D.

    Right to restrain any partner or his representatives from the use of firm name or firm property

    Correct option is C

    Once a firm is dissolved, the partners no longer have the right to be consulted on business decisions as the firm ceases to exist; however, they still have the right to a fair distribution of the firm's property, a potential refund of premium if the dissolution was premature, and the ability to prevent other partners from using the firm name or property improperly. 

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