2. Define partnership. What tests would you apply fordetermining the e – InterviewSolution

1.	2. Define partnership. What tests would you apply fordetermining the existence of partnership? Explain. 6
Answer» Apartnershipisdefinedas the relation between persons whohaveagreed to share the profits of a business carried on by all or any of them acting for all. The law does not require writtenpartnershipagreement between thepartnersto form apartnership.

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