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प्रश्न
Complete the sentence.
When there is no provision in partnership agreement regarding time period for partnership then it is known as _____________.
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उत्तर
When there is no provision in partnership agreement regarding time period for partnership then it is known as Partnership at will.
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संबंधित प्रश्न
State True or False:
Partnership agreement may be oral or written.
Complete the sentence.
A partner who takes active participation in the day to day working of the business is known as _____________
Answer in one sentence.
What do you mean by partnership firm?
Answer in one sentence.
What do you mean by minor partner?
Correct the underlined word and rewrite the following sentence.
In a Partnership firm, minimum three members are required.
Correct the underlined word and rewrite the following sentence.
Indian Partnership Act, 1940 is applicable in India.
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.
All partners are joint owners of the Partnership firm.
Justify the following statement.
Active partners take active part in day to day management of 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?
According to the features of partnership shown in the image, what is required for a partner to transfer their ownership interest to someone outside the firm?
