Multiple Choice Questions on A property of a partner becomes the property of the firm ........ for Judicial Services (Master) Preparation

Miscellaneous Provisions

Indian Contract Act (ICA)1872

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Indian Economy - Understanding the basics of Indian economic system

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    A property of a partner becomes the property of the firm 

    When it is used for the business of the partnership

    Incorrect Answer

    When the property is owned by the partners

    Incorrect Answer

    When there is an agreement express or implied that the property is to be treated as that of the firm

    Correct Answer

    None of the above 

    Incorrect Answer
    Explanation:

    When there is an agreement express or implied that the property is to be treated as that of the firm


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