Multiple choice

The relation of partnership need not be a permanent bond. There can be a partnership in a single or particular business venture. This is laid down in which section of the Partnership Act?

  1. Section 8

  2. Section 9

  3. Section 10

  4. Section 11

  5. Section 12

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Section 8 of the Indian Partnership Act provides that a person may become a partner with another person in particular adventures and undertakings.