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

  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".

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