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प्रश्न
What is the meaning of Partnership Deed?
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उत्तर
Through a partnership agreement need not necessarily be in writing, it is important to have a written agreement in order to avoid misunderstandings; it is desirable to have a written agreement. A carefully drafted partnership deed helps in ironing out differences that may develop among partners and in ensuring the smooth running of the partnership business. It should be properly stamped and registered.
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संबंधित प्रश्न
In the absence of partnership deed, specify the rules relating to the following:
(i) Sharing of profits and losses.
(ii) Interest on partner’s capital.
(iii) Interest on Partner’s drawings.
(iv) Interest on Partner’s loan
(v) Salary to a partner.
Answer in one sentence only.
What is Partnership Deed?
Choose the Correct Answer.
A temporary partnership that is formed to complete a specific job doing a specified period of time is called ______
The document which contains the terms of the agreement of partnership is called ______.
Mohan and Sham are partners in a firm. State whether the claim is valid if the partnership agreement is silent in the following matters:
"Mohan has contributed Rs. 20.000 and Shyam Rs. 50.000 as capital. Mohan wants an equal share in profits."
In the absence of Partnership Deed, the profits of a firm are divided among the partners:
The partner who provides capital and shares profit and loss in the partnership business but does not take an active part in the management is known as ______.
Partners share profit & losses in ______ ratio in the absense of partnership deed.
Partners share profit & losses in ______ ratio in the absense of partnership deed.
When there is no partnership agreement between partners, the division of Profits takes place in ______ ratio.
