Questions and Answers
What is the main foundation of a partnership business?
Relationship
In legal terms, the promise to maintain a relationship is known as:
Commitment
How many members are required to form a partnership business?
Exactly 2 members
What does the Indian Partnership Act, 1932 define as partnership?
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What causes the end of an organization based on a relationship?
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What is the basis of a partnership organization as described in the text?
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What is the legal term for the promise to maintain a relationship?
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According to the Indian Partnership Act, 1932, what is the minimum number of members required to form a partnership business?
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What causes the end of a partnership organization according to the text?
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What is the foundation of a partnership business as per the text?
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What is the legal term for the promise to maintain a relationship?
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What is the main foundation of a partnership business?
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According to the Indian Partnership Act, 1932, what is the minimum number of members required to form a partnership business?
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What causes the end of an organization based on a relationship?
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What does the Indian Partnership Act, 1932 define as partnership?
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