Q744
Match the following: List-I List-II a. Partnership can be formed for the purpose of carrying . . . . . . . . 1. incoming partner b. Guaranteed profit is generally given to . . . . . . . . 2. business c. Every partner is a joint . . . . . . . . of the partnership property. 3. nominal d. Partners, who do not contribute any capital and have no interest in the business are known as . . . . . . . . partners. 4. owner
Match the following:
| List-I | List-II |
| a. Partnership can be formed for the purpose of carrying . . . . . . . . | 1. incoming partner |
| b. Guaranteed profit is generally given to . . . . . . . . | 2. business |
| c. Every partner is a joint . . . . . . . . of the partnership property. | 3. nominal |
| d. Partners, who do not contribute any capital and have no interest in the business are known as . . . . . . . . partners. | 4. owner |
A.
a-2, b-1, c-4, d-3
AnswerB.
a-2, b-4, c-1, d-3
C.
a-4, b-3, c-2, d-1
D.
a-4, b-1, c-2, d-3
Answer: Option A
Solution
Answer: Option A
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