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प्रश्न
Answer in one sentence.
What do you mean by partner-in-profits only?
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उत्तर
A partner-in-profits only is a partner who gets into an agreement to share only the profits of the partnership firm and not the losses.
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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.
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 is Quasi Partner?
Answer in one sentence.
What do you mean by a general partnership?
Explain the following term/concept:
Partnership Firm.
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?
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.
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?
Answer in one sentence.
What is Quasi Partner?
