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Law · Q373

Indian Partnership Act

Graduate and Post Graduate · Law · question 373

Q373

'Benefits of partnership' within the meaning of section 30 of the Indian Partnership Act, 1932, means

A.
Profit sharing
B.
Assets-sharing in the event of dissolution of the firm
C.
Both (A) and (B)
Answer
D.
Only (A) and not (B)

Answer: Option C

Solution

Answer: Option C
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