Which of the following situations lead to reconstitution of partnership firm?
(A) Death of a partner
(B) Retirement of a partner
(C) Admission of a partner
(D) Change in Profit sharing ratio among existing partners
Choose the correct answer from the options given below:
1
(A), (B) and (D) only
2
(A), (B) and (C) only
3
(A), (B), (C) and (D)
4
(B), (C) and (D) only