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प्रश्न
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?
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उत्तर
- The business organisation in the given example is a partnership firm, as it is operated by two people who have joined forces to start a business and share its earnings and losses.
- In India, partnership firms can be registered or unregistered. Registration is not required, but it is advised since it provides legal benefits and protection under the Indian Partnership Act of 1932. If "ST Firms" is registered, it will be filed with the Registrar of Firms in Nagpur. If "ST Firms" is not registered, it remains a lawful partnership but lacks the legal benefits and protections associated with registration.
- The profession of Mr. Sawant is Chartered Accountant.
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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 _____________
Answer in one sentence.
What do you mean by minor partner?
Answer in one sentence.
What is Quasi 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.
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 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?
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?
Answer in one sentence.
What is Quasi Partner?
