Question

    Where no provision is made by contract between the partners for the determination of their partnership, the partnership is-

    A Partnership-at-will. Correct Answer Incorrect Answer
    B General Partnership. Correct Answer Incorrect Answer
    C Special Partnership. Correct Answer Incorrect Answer
    D Partnership by status. Correct Answer Incorrect Answer

    Solution

    As per s.7 of Indian Partnership Act, 1932, Where no provision is made by contract between the partners for the duration of their partnership, or for the determination of their partnership, the partnership is "partnership-at-will".

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