Partnership created for a particular adventure or a particular undertaking is called __________.

Particular partnership

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Limited partnership

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Partnership at will

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Fixed partnership

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Solution

The correct option is A Particular partnership
A partnership can be formed for carrying on continuous business, or it can be formed for one particular venture or undertaking. If the partnership is formed only to carry out one business venture or to complete one undertaking such a partnership is known as a particular partnership.

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Similar questions

Which type of partnership is formed for completing a particular project?

State True or False.

A particular partnership does not dissolve automatically when the purpose is fulfilled.

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