📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    When no provision is made as to the duration of

    partnership in any contract it is_____.
    A Not a valid mode of partnership Correct Answer Incorrect Answer
    B Particular partnership. Correct Answer Incorrect Answer
    C Partnership-at-will. Correct Answer Incorrect Answer
    D Indeterminate partnership. Correct Answer Incorrect Answer
    E Determinate partnership. Correct Answer Incorrect Answer

    Solution

     Partnership Act  S. 7 PARTNERSHIP-AT-WILL. Where no provision is made by contract between the partners for the duration of their partnership, or for the determination of their partnership, the partnership is "partnership-at-will".

    Practice Next
    More Other Laws and Acts Questions

    Relevant for Exams:

    ask-question