Multiple Choice Questions on Where in a contract between the partners no provision is made for duration of their partnership or f........... for Judicial Services Exam (JS) Preparation

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Multiple Choice Questions

Where in a contract between the partners no provision is made for duration of their partnership or f...........

Indian Partnershoip Act (IPA) 1930 Introduction and Definition
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    Where in a contract between the partners no provision is made for duration of their partnership or for determination of their partnership, the partnership is:-

    Unlimited Partnership

    Incorrect Answer

    Particular Partnership

    Incorrect Answer

    Implied Partnership

    Incorrect Answer

    Partnership at will

    Correct Answer
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    Explanation:

    Such partnership will be called partnership at will (Refer to section 7-8 of the Indian partnership Act).

    By: Kamal Kashyap
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