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प्रश्न
Justify the following statement.
Active partners take active part in day to day management of partnership firm.
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उत्तर
- An active partner is also called a working partner. He brings in capital and also takes an active part in the business of the firm.
- He has unlimited liability and shares the profits and losses of the firm.
- He is also called a managing partner.
- Thus, active partners take an active part in the day to day management of the partnership firm.
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संबंधित प्रश्न
State True or False:
Partnership agreement may be oral or written.
State True or False:
In a partnership firm, the liability of every partner is limited, joint and several.
Answer in one sentence.
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What do you mean by partner-in-profits only?
Correct the underlined word and rewrite the following sentence.
Indian Partnership Act, 1940 is applicable in India.
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Explain different types of Partners.
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Explain the features of a partnership firm.
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What is Quasi Partner?
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What is Quasi Partner?
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What is Quasi Partner?
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What is Quasi Partner?
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What is Quasi Partner?
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What is Quasi Partner?
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What is Quasi Partner?
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What is Quasi Partner?
What document outlines the rules, roles, profit-sharing, and terms between partners in a partnership firm?
