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Commerce · Q146

Business and Commerce

Graduate and Post Graduate · Commerce · question 146

Q146

Partnership may come into existence __________.

A.
by the operation of law
B.
by an express agreement only
C.
by an express or implied agreement only
Answer
D.
by inheritance of property

Answer: Option C

Solution

Answer: Option C
Solution:
Partnership may come into existence by an express or implied agreement only.