Advertisements
Advertisements
प्रश्न
Answer in one sentence.
What do you mean by minor partner?
Advertisements
उत्तर
A minor partner is a partner who is admitted into the partnership firm for the benefit of the firm with the consent of all partners.
APPEARS IN
संबंधित प्रश्न
State True or False:
In a partnership firm, the liability of every partner is limited, joint and several.
Complete the sentence.
Admission of new individual into existing business has given birth to _____________
Complete the sentence.
When there is no provision in partnership agreement regarding time period for partnership then it is known as _____________.
Answer in one sentence.
What is Quasi Partner?
Explain the following term/concept:
Partnership Firm.
Answer in brief.
State any four types of partners.
Justify the following statement.
Active partners take active part in day to day management of partnership firm.
Attempt the following:
Explain the features of a partnership firm.
Answer in one sentence.
What is Quasi Partner?
Answer in one sentence:
What is Quasi Partner?
Answer in one sentence.
What is Quasi Partner?
Answer in one sentence.
What is Quasi Partner?
Mr. Sawant a Chartered Accountant by profession and Mrs. Tambe, an Architect by profession running a firm namely ‘ST Firms’ in Nagpur.
- Identify the form of business organisation in the above example.
- Is it a registered organisation?
- What is the Profession of Mr. Sawant?
What document outlines the rules, roles, profit-sharing, and terms between partners in a partnership firm?
Dr. Sharma and Dr. Mehta jointly manage a clinic, share the profits, losses, and responsibilities. Their business is best classified as a______.
