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Law · Q31

Indian Partnership Act

Graduate and Post Graduate · Law · question 31

Q31

Which of the following is not an essential element of partnership?

A.
Contract between two or more persons
B.
Contract must be to carry on some business
C.
Contract must be to share profits of business
D.
Business must actively be carried on by all the partners
Answer

Answer: Option D

Solution

Answer: Option D
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