Question: State in which of the following circumstances a valid partnership is constituted. A X lend money to Y to start a new business wherein

State in which of the following circumstances a valid partnership is constituted.

State in which of the following circumstances a valid partnership is constituted. A X lend money to Y to start a new business wherein he is allowed 20% profit in addition to 16% interest on the amount lent B Y sells his goodwill to P and agreed for 10% share of profit to the firm C A & B undertook to construct a Railway Bridge each sharing profit and loss equally D A is working as marketing executive in ABC Ltd. wherein he is entitled to 2% profit in addition to his monthly remuneration

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