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Assertion (A): Partnership is formed by an agreement which may be oral or in writing.

Reason (R): It is always advisable to have written partnership agreement to avoid all kinds of disputes which may arise in future.

(A) Both A and R are true, R is the correct explanation of A.

(B) Both A and R are true, but R is not the correct explanation of A.

(C) A is correct, but R is incorrect.

(D) A is incorrect, but R is correct.

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1 Answer

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by (48.2k points)

Correct option is (A) Both A and R are true. R is the correct explanation of A

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