Consider the following statement(s). I. Partnership can be formed with – McqOptions

MCQOPTIONS

1.	Consider the following statement(s). I. Partnership can be formed with a view to undertake lawful business activity. II. The partnership can be formed only for profit motive. III. Two persons coming together for charitable purpose will constitute a partnership. Which of the statement(s) given above is/are correct?
A.	I and II
B.	II and III
C.	I and III
D.	All of these
Answer» B. II and III

Discussion

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