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'Goodwill' of the partnership business is the property of the partnership under which section of the…

Section 14 of the Indian Partnership Act provides that, subject to any contract between the partners, the property of the firm includes the goodwill of the business, along…

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'Goodwill' of the partnership business is the property of the partnership under which section of the Indian Partnership Act, 1932?

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Correct answer A

Section 14 of the Indian Partnership Act provides that, subject to any contract between the partners, the property of the firm includes the goodwill of the business, along with other property and rights brought in or acquired for the purposes of the firm's business.

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