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    Question

    The concept of relationship between partners is present

    in:
    A Partnership firm Correct Answer Incorrect Answer
    B LLP Correct Answer Incorrect Answer
    C Partnership firm and LLP Correct Answer Incorrect Answer
    D in LLP but limited to their contributions Correct Answer Incorrect Answer
    E in Partnership firm it is unlimited. Correct Answer Incorrect Answer

    Solution

    The concept of relationship is an integral part of a partnership. That can be found in a partnership firm and also in an LLP.

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