Question

Which of the following is not valid partnership _______________.

• A. Partnership between two firms
• B. Partnership between one firm and un individaul
• C. Partnership between a firm and a minor
• D. All of these

Answer 1

The correct option is D All of these

Following is not a valid partnership:

a) Partnership between two firms,

b) partnership between one firm and an individual

c) partnership between a firm and a minor

Partnership is an association of 2 or more individuals but not more than 20 who agree to share the profits of a lawful business which is managed and carried on either by all or by any, or some of them acting for all.