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प्रश्न
Write short note on the following.
Type of partnership firm.
उत्तर
Partnership firms can be classified into the following categories:
i. On the basis of duration:
a. Partnership at will: This partnership exists as long as the partners wish to carry it.
b. Particular partnership: This partnership is formed to accomplish a particular project.
ii. On the basis of liability:
a. General partnership: Under this partnership, the partners have unlimited liability. Also, its registration is optional.
b. Limited partnership: Under this partnership, the liability of the partners is limited to the share agreed by them in the
partnership agreement.
iii. On the basis of registration:
a. Registered partnership: This partnership is registered under the Indian Partnership Act 1932.
b. Unregistered partnership: This partnership is not registered under the Indian Partnership Act 1932.
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संबंधित प्रश्न
Statement with reasons whether the following statement is True or False
In a partnership firm, the liability of partners is unlimited.
State the registration procedure for a partnership firm
Select the proper option from the options given below and rewrite the completed sentence.
Registration of partnership firm is ________ in Maharashtra.
Select the proper option from the options given below and rewrite the completed sentence.
In partnership firm the liability of partners is ________.
Select the proper option from the options given below and rewrite the completed sentence.
In a partnership firm every partner is the principal as well as the ________.
Select the proper option from the options given below and rewrite the completed sentence.
At least ________ persons are required to form a partnership firm.
Write a word or a phrase or a term which can substitute the following.
A partner in partnership firm who takes active participation in day to day work.
Distinguish between the following.
Partnership firm and Joint Stock company
Write short note on the following.
Merits of a partnership firm
Write short answer of the following.
State the Registration of partnership and its procedure.
If registration is optional, why do partnership firms willingly go through this legal formality and get themselves registered? Explain.
