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Law · Q409

Indian Partnership Act

Graduate and Post Graduate · Law · question 409

Q409

Subject to the contract between the partners, the property of the firm shall be:

A.
Held and used by the partners exclusively for the purposes of business
Answer
B.
Not held and used by the partners exclusively for the purposes of business
C.
Shall be deposited into the bank custody
D.
None of above

Answer: Option A

Solution

Answer: Option A
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