Question

    Which of the following is not a type of partnership under the Partnership Act?

    A General Partnership Correct Answer Incorrect Answer
    B Limited Partnership Correct Answer Incorrect Answer
    C Limited Liability Partnership Correct Answer Incorrect Answer
    D Public Partnership Correct Answer Incorrect Answer

    Solution

    Explanation: The Partnership Act recognizes three types of partnerships, which are general partnership, limited partnership, and limited liability partnership. Public partnership is not recognized under the Partnership Act.

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