CA CPT Model Test Paper 13 with solutions for online practice

Question : 65 of 200

Marks: +1, -0

State which of the following is correct:

There is not much difference in the nature of a partnership from the nature of a HUF.
There is considerable difference in the nature of a partnership from the nature of a HUF.
There is difference in the nature of a partnership from the nature of a HUF because unlike the nature of a HUF, the nature of a partnership is voluntary and contractual.
There is not much difference in the nature of a partnership from the nature of a HUF because both involve a certain interest of a particular individual.

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