Business Studies · Forms of Business Organisations
Under which of the following circumstances does a partnership firm become illegal under Indian law?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1If it is registered under the Partnership Act
- 2If there are exactly seven partners in the firm
- 3If it is established for an unlimited period
- 4If any of the partners is a citizen of an enemy country✓
Correct answer
If any of the partners is a citizen of an enemy country
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