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Answer in one sentence. What do you mean by minor partner? - Organisation of Commerce and Management

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प्रश्न

Answer in one sentence.

What do you mean by minor partner?

एका वाक्यात उत्तर

उत्तर

A minor partner is a partner who is admitted into the partnership firm for the benefit of the firm with the consent of all partners.

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Partnership Firm
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पाठ 4: Forms of Business Organisation - 1 - EXERCISE [पृष्ठ ९२]

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बालभारती Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
पाठ 4 Forms of Business Organisation - 1
EXERCISE | Q 1. H) 6) | पृष्ठ ९२

संबंधित प्रश्‍न

State True or False:

Partnership agreement may be oral or written.


Complete the sentence.

When there is no provision in partnership agreement regarding time period for partnership then it is known as _____________.


Answer in one sentence.

What do you mean by partnership firm?


Answer in one sentence.

What do you mean by partner-in-profits only?


Answer in one sentence.

What do you mean by a general partnership?


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.


Explain the following term/concept:

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.

  1. Identify a business in the above example.
  2. Comment on it?
  3. Which two professions are mentioned here?

Distinguish between.

Partnership Firm and Joint Hindi Family.


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 sentences.

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?


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