Question

A partnership may not be formed to carry on:
(a) Any trade
(b) Occupation
(c) Profession
(d) Social enterprise

Answer 1

Answer:

(d) social enterprise

Explanation:

because partnership is not formed by charitable activities

Answer 2

Option(d)Social enterprise

• According to partnership deed, it is is a deed between two or more individuals who came together for business purposes.
• Since a partnership is an agreement it involves of exchange of goods and services.
• It is an occupation it's is also a service and work,
• It is a profession because they will be a flow of work and capital invested.
• There are three kinds of partnership

1. General Partnership
2. Limited Partnership
3. Limited Liability Partnership