Question

which type of partnership have no agreement in terms of the duration of partnership​

Answer 1

Answer:

General Partnership: In the absence of agreement, the provisions of the Indian Partnership Act 1932 are applicable for general partnerships in which the liability of each partner is unlimited.

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Explanation:

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Answer 2

The type of partnership that has no agreement in terms of the duration of the partnership​ is called a partnership at will.

• The Partnership Act stipulates that:
• "When there is no arrangement made by the parties through contact for
• the duration of their relationship, or to determine the partnership.
• "It's a 'partnership at will' relationship between them."
• Thus, where a partnership is formed for a specific job and the duration of the partnership is specified in the deed with the proviso that the partnership will continue until the job is completed and the partnership does not engage in any other business, the partnership will come to an end after the job is completed, and thus it is not a partnership at will.