[amp_mcq option1=”Partnership Act, 1932″ option2=”Companies Act, 1956″ option3=”Contract Act, 1882″ option4=”None of the above” correct=”option4″]
The correct answer is: D. None of the above
The maximum number of partners in a firm is not fixed in any of the Acts mentioned in the options. The Partnership Act, 1932 does not specify any maximum number of partners. The Companies Act, 1956 does not apply to partnerships, as it only applies to companies. The Contract Act, 1882 is a law that governs contracts, and does not specify any maximum number of partners in a firm.
The maximum number of partners in a firm is determined by the partnership agreement. The partnership agreement is a contract between the partners that sets out the terms of the partnership. The partnership agreement can specify any number of partners, as long as it is not less than two. If the partnership agreement does not specify a maximum number of partners, then the maximum number of partners is unlimited.