Start learning →

Partnership under the Act arises from what?

AFamily status
BContract
CInheritance
DCourt order
Answer & Solution
Correct answer: B. Contract
The relation arises from agreement between persons, never from a status such as family membership.
Practise this question with Quill — CA Foundation →

Keep practising Partnership

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

Start a Partnership lesson →
Related questions