Which from the following is not a feature of a partnership firm? Option 1: Existence of Business Option 2: Sharing of profits Option 3: Free transfer of share Option 4: Unlimited liability

The answer is 'Free transfer of share'. View full solution:

CUET Accountancy - Which from the following is not a feature of a partnership firm? | PYQs + Solutions

CUET Accountancy 2022 8 Aug Shift 2

Partnership

Easy

Existence of Business

Sharing of profits

Free transfer of share

Unlimited liability

✅ Correct Option: 3

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