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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
Complete the sentence.
Admission of new individual into existing business has given birth to _____________
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.
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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.
Explain the following term/concept:
Partnership Firm.
Explain the following term/concept:
Nominal Partner.
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.
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- Comment on it?
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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 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 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?
Mr. Sawant a Chartered Accountant by profession and Mrs. Tambe, an Architect by profession running a firm namely ‘ST Firms’ in Nagpur.
- Identify the form of business organisation in the above example.
- Is it a registered organisation?
- What is the Profession of Mr. Sawant?
