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Question

The name in which the partner of a firm carries on business is called ___________.

A
Firm name
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B
Firm
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C
Partnership
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D
Association of persons
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Solution

The correct option is A Firm name
Persons who have entered into partnership with one another are called individually, "partners" and collectively "a firm", and the name under which their business is carried on is called the "firm-name".

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