Advertisements
Advertisements
प्रश्न
Answer in one sentence.
What do you mean by partnership firm?
Advertisements
उत्तर
A business owned and managed by two or more persons sharing profits and losses is called a partnership firm.
APPEARS IN
संबंधित प्रश्न
State True or False:
Partnership agreement may be oral or written.
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?
Correct the underlined word and rewrite the following sentence.
In a Partnership firm, minimum three members are required.
Explain the following term/concept:
Partnership Firm.
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?
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 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?
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?
