Delhi Judicial Services Pre Exam 2007

A partnership for which no period of duration is fixed under Partnership Act 1932 is known as

Verified Answer
A. Partnership at will
B. Particular Partnership
C. Co-ownership
D. General Partnership

Explanation:

A partnership at will is defined as a partnership where no fixed period for its duration has been agreed upon, or where it has been constituted for an undertaking but continues after the completion of that undertaking.