A and B agree to share profits of a shop. A runs business, B invests. What is this?

CS CSEET · Business Laws and Management · PYQS · October 2026
A and B agree to share profits of a shop. A runs business, B invests. What is this?
(A) Partnership
(B) Co-ownership
(C) Hire purchase
(D) Bailment

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) Partnership.

Topics: Partnership Act, 1932

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