Any change in the relationship of existing partners which results in an end of the existing agreemen...........

Accountancy (CUET) Fundamentals of Partnership

Any change in the relationship of existing partners which results in an end of the existing agreement and enforces making of a new agreement is called

Revaluation of partnership.

Reconstitution of partnership.

Realization of partnership.

None of the above.

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Explanation:

Any change in the existing agreement is known as reconstitution of the partnership firm. Thus, the existing agreement ends and a new agreement is formed with the changed relationship among the members of the partnership firm and its composition.