Question:
Which of the following is not included in the definition of 'business' under the Indian Partnership Act, 1932?
Which of the following is not included in the definition of 'business' under the Indian Partnership Act, 1932?
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The term "business" in the Indian Partnership Act excludes activities that are not profit-oriented, like hiring.
Updated On: Sep 18, 2025
- Trade
- Profession
- Occupation
- Hiring
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The Correct Option is D
Solution and Explanation
Step 1: Review the definition of business under the Indian Partnership Act.
- Business under the Partnership Act includes trade, profession, and occupation, but not hiring.
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