English

‘The Indian Partnership Act’ was enforced in the year 1945. - Book Keeping and Accountancy

Advertisements
Advertisements

Question

‘The Indian Partnership Act’ was enforced in the year 1945.

Options

  • Agree

  • Disagree

MCQ
True or False
Advertisements

Solution

I disagree with the given statement.

Explanation:

The Indian Partnership Act was actually enforced in the year 1932, not 1945. It governs the rights and duties of partners in a partnership firm and came into effect on 1st October 1932.

shaalaa.com
  Is there an error in this question or solution?
2023-2024 (July) Official
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×