Multiple Choice Questions on Under section 2 of the Indian Partnership Act business includes ........ for Judicial Services Exam (JS) Preparation

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Multiple Choice Questions

Under section 2 of the Indian Partnership Act business includes ........

Indian Partnershoip Act (IPA) 1930 Introduction and Definition
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    Under section 2 of the Indian Partnership Act, business includes

    every trade and occupation

    Incorrect Answer

    every occupation and profession

    Incorrect Answer

    every trade, occupation and profession

    Correct Answer

    every trade and profession

    Incorrect Answer
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    Explanation:

    Section 2(b) of Partnership Act- 2. Definitions. In this Act, unless there is anything repugnant in the subject or context,-
    (b) “business” includes every trade, occupation and profession

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