Q153
Can a family business carried on by an undivided Hindu family be called partnership?
A.
Yes it is a partnership as all the members of the family are its members
B.
Yes it is partnership if the intention is to do cooperative business
C.
Yes as they are related to each other
D.
No as the business is not an outcome of an agreement
AnswerAnswer: Option D
Solution
Answer: Option D
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