Q106
In which of the following cases a partnership does not exist? (1) Lender of money receiving profits. (2) Servants or agents receiving profits. (3) Widow or child of a deceased partner receiving profits. (4) Seller of goodwill receiving profits.
A.
(1), (2) and (3)
B.
(1), (2) and (4)
C.
(2), (3) and (4)
D.
All these
AnswerAnswer: Option D
Solution
Answer: Option D
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