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Answer in one sentence. What do you mean by partner-in-profits only?

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प्रश्न

Answer in one sentence.

What do you mean by partner-in-profits only?

एक पंक्ति में उत्तर
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उत्तर

A partner-in-profits only is a partner who gets into an agreement to share only the profits of the partnership firm and not the losses.

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अध्याय 4: Forms of Business Organisation - I - EXERCISE [पृष्ठ ९२]

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बालभारती Organisation of Commerce and Management [English] Standard 11 Maharashtra State Board
अध्याय 4 Forms of Business Organisation - I
EXERCISE | Q 1. H) 8) | पृष्ठ ९२

संबंधित प्रश्न

State True or False:

In a partnership firm, the liability of every partner is limited, joint and several.


Complete the sentence.

A partner who takes active participation in the day to day working of the business is known as _____________


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?


Answer in one sentence.

What do you mean by a general partnership?


Correct the underlined word and rewrite the following sentence.

In a Partnership firm, minimum three members are required.


Correct the underlined word and rewrite the following sentence.

Indian Partnership Act, 1940 is applicable in India.


Explain the following term/concept:

Partnership Firm.


Answer in brief.

State any four types of partners.


Attempt the following:

Explain different types of Partnership Firms.


Attempt the following:

Explain different types of Partners.


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 sentences.

What is Quasi Partner?


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.

  1. Identify the form of business organisation in the above example.
  2. Is it a registered organisation?
  3. What is the Profession of Mr. Sawant?

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