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प्रश्न
State whether the following statement are True or False.
Partnership agreement must be in written form.
पर्याय
True
False
MCQ
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उत्तर
False.
Explanation: According to the Indian Partnership Act, 1932, it is necessary to have an agreement between the partners but it is not compulsory to have it in written form. An oral agreement is also valid although it is not advisable. Hence, the above statement is incorrect.
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