Start learning →

Legally, an ordinary Indian partnership firm is best described as?

ANo entity apart from partners
BA registered body corporate
CA perpetual-succession entity
DA separate juristic person
Answer & Solution
Correct answer: A. No entity apart from partners
A general partnership firm has no legal personality distinct from the partners who make it up.
Practise this question with Quill — CA Foundation →

Keep practising Partnership

Browse all Partnership questions for CA Foundation, or explore more Accounting topics.

Start a Partnership lesson →
Related questions