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प्रश्न
Justify the following statement.
All partners are joint owners of the Partnership firm.
उत्तर
- According to the Indian Partnership Act, 1932, all the partners are joint owners of the property of the partnership firm.
- No partner can use the property of the firm for his personal interest.
- No partner is allowed to take any decision without the consent of all the partners.
- No partners can make any secret profit in the business.
- Profits and losses are shared among the partners in the profit sharing ratio mentioned in the deed.
- Thus all partners are joint owners of a Partnership firm.
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संबंधित प्रश्न
State True or False:
Partnership agreement may be oral or written.
State True or False:
In a partnership firm, the liability of every partner is limited, joint and several.
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?
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 Partnership Firms.
Attempt the following:
Explain different types of Partners.
Answer in one sentence.
What is Quasi Partner?
Answer in one sentence:
What is Quasi Partner?
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?
