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प्रश्न
Answer in one sentence.
What do you mean by partnership firm?
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उत्तर
A business owned and managed by two or more persons sharing profits and losses is called a partnership firm.
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संबंधित प्रश्न
State True or False:
Partnership agreement may be oral or written.
Complete the sentence.
When there is no provision in partnership agreement regarding time period for partnership then it is known as _____________.
Correct the underlined word and rewrite the following sentence.
Indian Partnership Act, 1940 is applicable in India.
Study the following case situation and express your opinion:
Mr. Jumbo a Chartered Accountant by profession and Mrs. Timbo, an Architect by professing running a firm namely ‘Buildsheet’ in Nagpur.
- Identify a business in the above example.
- Comment on it?
- Which two professions are mentioned here?
Answer in brief.
State any four types of partners.
Justify the following statement.
All partners are joint owners of the Partnership firm.
Justify the following statement.
Active partners take active part in day to day management of partnership firm.
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 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?
What document outlines the rules, roles, profit-sharing, and terms between partners in a partnership firm?
Which of the following is a major demerit of partnership firms?
Dr. Sharma and Dr. Mehta jointly manage a clinic, share the profits, losses, and responsibilities. Their business is best classified as a______.
