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Correct the underlined word and rewrite the following sentence. In Partnership firm, minimum three members are required. - Organisation of Commerce and Management

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प्रश्न

Correct the underlined word and rewrite the following sentence.

In a Partnership firm, minimum three members are required.

एक पंक्ति में उत्तर
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उत्तर

In partnership firm, minimum two members are required.

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

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बालभारती Organisation of Commerce and Management (OCM) [English] Standard 11 Maharashtra State Board
अध्याय 4 Forms of Business Organisation - I
EXERCISE | Q 1. I) 5) | 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 do you mean by partnership firm?


Answer in one sentence.

What is Quasi Partner?


Answer in one sentence.

What do you mean by a general partnership?


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.

  1. Identify a business in the above example.
  2. Comment on it?
  3. Which two professions are mentioned here?

Answer in brief.

State any four types of partners.


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?


Answer in one sentence.

What is Quasi Partner?


Which law defines a partnership in India and provides its legal framework?


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______.


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