Business of the firm must be carried on by _______.

majority of the partner only

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all the partners

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one of the partners only

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senior partners only

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none of these

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Solution

The correct option is C none of these
A partnership firm has several partners running a business. It is not mandatory that all partners must take part in business or a majority of partner run the firm.
Only a single partner doesn't have to look after the business or any senior partner is not liable for business.
It is a combination of either a single partner or all the partners run the partnership firm and it is the mutual decision of all the partners.

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