Question : When is the partnership Act enforced?
Option 1: When there is no partnership deed
Option 2: When there is a partnership deed
Option 3: When capital contribution by partner varies
Option 4: None of these
Answer (1)
12th Jan, 2024
Correct Answer: When there is no partnership deed
Solution : The Indian partnership act, 1932 is inforced in the absence of the partnership deed. Hence, the correct option is 1.
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