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Question
‘The Indian Partnership Act’ was enforced in the year 1945.
Options
Agree
Disagree
MCQ
True or False
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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.
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