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Partnership Deed

How may a par...

Question

How may a partnership come into existence?

A

By inheritance of property

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B

By the operation of law

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C

By an expressed agreement only

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D

By an expressed or implied agreement

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Solution

The correct option is D By an expressed or implied agreement
Option D is the correct answer.

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Similar questions

Q. Partnership agreements may be expressed __________.

Q. The partners enter into partnership through an agreement which may be ________.
(I) Verbal
(II) Written
(III) Implied

Q. In the absence of agreement, express or implied, the property of the firm is deemed to include _______________________________.

Q. The partners enter into partnership through an agreement which may be ________.

Q. The people who have entered into an agreement of partnership are called ____________.

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