The relation of partnership according to prescribed section of Indian Partnership Act, 1932 arises from:

CS CSEET · Business Laws and Management · PYQS · June 2026
The relation of partnership according to prescribed section of Indian Partnership Act, 1932 arises from:
(A) Status
(B) Contract
(C) Friendship
(D) None of the above

Answer & Explanation:

Correct Answer: Option (B)

Correct answer: (B) Contract.

Topics: Indian Partnership Act, 1932

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