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27+ pages mcq on partnership act with answers 1.7mb. Whole of India except Jammu Kashmir. A Partner is an agent of the. When two or more people agree to build an enterprise and share its gains and losses they are said to be in partnership. Check also: reading and learn more manual guide in mcq on partnership act with answers Section 53 of the Indian Partnership Act 1932 D.
101 The Indian Partnership Act 1932 Question Bank 1. T Means TRUE Answer 1 An ordinary partnership business can have.
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States notified from time to time.
Section 72 of the Indian Partnership Act 1932 B. Under Section 2b of the Indian Partnership Act business Includes a every trade and occupation b every occupation and profession c every trade occupation and profession d every trade and profession AnsC 2. A Not more than 50 partnersb Not more than 20 partners. Goodwill is _____ of firm. For loss caused to the Firm by his fraud in conduct of business every partner shall 3. The Indian Partnership Act 1932 states partnership as the association between an individual who has agreed to share the profits of an enterprise carried on by every partner.
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These MCQ have been made for Class 12 students to help check the concept you have learnt from detailed classroom sessions and application of your knowledge. Minor automatically become partner 23. PQ 8500015000 173 Important to note there that if both have invested for different period of times then we had to multiply with number of months to get the desired ratio.
Here is all you have to to read about mcq on partnership act with answers A Not more than 50 partnersb Not more than 20 partners. Section 72 of the Indian Partnership Act 1932 B. Questions and Answers. Auditing multiple choice questoins and answers auditing mcqs auditing objective questions choice questions multiple choice question and answer rights shares multiple choice questions and answers right shares mcqs bonus shares multiple choice ques this or that questions choice questions multiple choice contract law multiple choice questions and answers pdf corporate accounting multiple choice questions corporate account mcqs corporate accounting multiple choice choice questions pdf family law mcq with answers pdf download pdffile contract law multiple choice questions and answers pdf EACH QUESTIONS HAS FOUR POSSIBLE ANSWERS CHOOSE THE CORRECT ANSWER.