Question

What is the minimum number of partners required to form a partnership under the Partnership Act?

A Two Correct Answer Incorrect Answer
B Three Correct Answer Incorrect Answer
C Four Correct Answer Incorrect Answer
D Five Correct Answer Incorrect Answer

Solution

Explanation: According to Section 4 of the Partnership Act, a partnership is an association of two or more persons who have agreed to carry on a business together for profit. Therefore, the minimum number of partners required to form a partnership is two.

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