Question:medium
A person can acquire interest in partnership firm on the basis of
A person can acquire interest in partnership firm on the basis of
Updated On: Jan 13, 2026
- Agreement
- Unlimited liability
- Close friendship
- Family relationship
Show Solution
The Correct Option is A
Solution and Explanation
A partnership firm's partner agreement details the terms, conditions, and individual roles. This foundational document is crucial for gaining an interest in the firm.
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