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Law · Q336

Indian Partnership Act

Graduate and Post Graduate · Law · question 336

Q336

Identify the correct statement with respect to the Law of Partnership?

A.
Though registration of the Partnership is not mandatory, registration of the Partnership deed is essential
B.
The Limited Liability Partnership is part of the Indian Partnership Act, 1932
C.
The existence of a partnership can only be determined by the partnership deed
D.
Unless there is a contract to the contrary, death of a partner will automatically lead to the dissolution of the partnership
Answer

Answer: Option D

Solution

Answer: Option D
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