Multiple choice

The Indian Partnership Act, 1932

General duties are�

  1. partners are bound to carryon the business of the firm to the greatest common advantage

  2. to be just and faithful to each-other

  3. Both (A) and (B)

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The general duties of partners include both carrying on business to the greatest common advantage and being just and faithful to each other. These are complementary obligations under Section 9.

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