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Civil Engineering · Q61

Engineering Economics

Engineering and GATE · Civil Engineering · question 61

Q61

Which is true about partnership?

A.
It has a perpetual life.
B.
It will be dissolved if one of the partners ceases to be connected with the partnership.
C.
It can be handed down from one generation of partners to another.
Answer
D.
Its capitalization must be equal for each partner.

Answer: Option C

Solution

Answer: Option C
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