Question

4. Name the type of partnership for which no time duration or purpose has been specified.
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Answer 1

Answer:

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Explanation:

A partnership between two people is when they run a business together with the intention of sharing the profits amongst themselves. However, there can be various types of partnerships according to their duration or the intent of their creation. Let us take a look at the kinds of partnerships like a general partnership, partnership at will etc.

Answer 2

Answer:

Gernal partnership

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