Q1561
Assertion (A): The maximum number of partners has been specified in the Companies Act. 1956. Reason (R): The Partnership Act, 1932 has been merged with the Companies Act, 1956. Select the correct answer:
A.
Both (A) and (R) are true and (R) is the correct explanation of (A)
B.
Both (A) and (R) are true, but (R) is not correct explanation of (A)
C.
(A) is true but (R) is false
AnswerD.
(A) is false but (R) is true
Answer: Option C
Solution
Answer: Option C
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