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Partnership Deed

Partnership t...

Question

Partnership type of business is formed by the mutual agreement of partners. What kind of agreement is it?

A

Oral agreement

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B

Written agreement

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C

Oral or written agreement

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D

None of the above

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Solution

The correct option is C
Oral or written agreement

It can be either oral or written agreement.

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Case (a): If the partnership agreement is silent.
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Case(c): It.the partnership agreement provides for dissolution. by any. majority of the .partner

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