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Commerce · Q820

Accounting

Graduate and Post Graduate · Commerce · question 820

Q820

Assertion (A) The Partnership Act does not make it obligatory that a firm must a deed in writing. Reason (R) It is better to have it in writing to avoid confusion.

A.
(A) is true, but (R) is false
Answer
B.
(A) is false, but (R) is true
C.
Both (A) and (R) are true
D.
Both (A) and (R) are false

Answer: Option A

Solution

Answer: Option A
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