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प्रश्न
Answer in one sentence.
What do you mean by a general partnership?
What is general partnership?
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उत्तर
A general partnership is a form of partnership where the liability of all the partners is unlimited, joint, and several. Every partner has an equal right, which can be formed under the Partnership Act of 1932.
संबंधित प्रश्न
State True or False:
In a partnership firm, the liability of every partner is limited, joint and several.
Complete the sentence.
Admission of new individual into existing business has given birth to _____________
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 partner-in-profits only?
Correct the underlined word and rewrite the following sentence.
Indian Partnership Act, 1940 is applicable in India.
Explain the following term/concept:
Nominal Partner.
Distinguish between:
Partnership Firm and Joint Hindi Family.
Answer in brief.
State any four types of partners.
Justify the following statement.
Active partners take active part in day to day management of partnership firm.
Attempt the following:
Explain different types of Partnership Firms.
Answer in one sentence.
What is Quasi Partner?
Answer in one sentence.
What is Quasi Partner?
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?
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?
