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प्रश्न
State True or False:
In a partnership firm, the liability of every partner is limited, joint and several.
विकल्प
True
False
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उत्तर
False
APPEARS IN
संबंधित प्रश्न
State True or False:
Partnership agreement may be oral or written.
Complete the sentence.
Admission of new individual into existing business has given birth to _____________
Answer in one sentence.
What do you mean by partnership firm?
Answer in one sentence.
What do you mean by a general partnership?
Correct the underlined word and rewrite the following sentence.
Indian Partnership Act, 1940 is applicable in India.
Explain the following term/concept:
Nominal Partner.
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?
Distinguish between:
Partnership Firm and Joint Hindi Family.
Justify the following statement.
All partners are joint owners of the 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?
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?
Dr. Sharma and Dr. Mehta jointly manage a clinic, share the profits, losses, and responsibilities. Their business is best classified as a______.
