Mark the incorrect statement ........

Indian Partnershoip Act (IPA) 1930 Others

Mark the incorrect statement:

There must be at least two persons, natural or artificial, who are competent to contract for the existence of partnership.

A partnership firm is not a legal person and, therefore, a firm as such is not entitled to enter into partnership with another firm or individuals.

There cannot be a partnership between husband and wife.

All are incorrect.

There cannot be a partnership between husband and wife.

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