Advertisements
Advertisements
प्रश्न
Answer in one sentence.
What do you mean by partnership firm?
Advertisements
उत्तर
A business owned and managed by two or more persons sharing profits and losses is called a partnership firm.
APPEARS IN
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 _____________.
Answer in one sentence.
What do you mean by minor partner?
Answer in one sentence.
What is Quasi Partner?
Correct the underlined word and rewrite the following sentence.
In a Partnership firm, minimum three members are required.
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?
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.
Attempt the following:
Explain the features of a partnership firm.
Answer in one sentence.
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.
- Identify the form of business organisation in the above example.
- Is it a registered organisation?
- What is the Profession of Mr. Sawant?
Answer in one sentence.
What is Quasi Partner?
What document outlines the rules, roles, profit-sharing, and terms between partners in a partnership firm?
According to the features of partnership shown in the image, what is required for a partner to transfer their ownership interest to someone outside the firm?
Dr. Sharma and Dr. Mehta jointly manage a clinic, share the profits, losses, and responsibilities. Their business is best classified as a______.
