Q141
Open questionSection 50 of the Indian Partnership Act, 1932, is an extension of the principle laid down under
Select an option to see the answer and solution.
Law · all questionsIndian Partnership Act
Indian Partnership Act
practice.
Practice every MCQ with options. Use Show answers when you want the correct option and solution.
664
Questions
8/34
Page
Pick an option on a question to see the right answer and solution.
Q142
Open questionAs regards the statements or intimation recorded or noted in the Register of firms, section 68 of the Indian Partnership Act, 1932, provides for its being
Select an option to see the answer and solution.
Q143
Open questionA partnership cannot be constituted by
Select an option to see the answer and solution.
Q144
Open questionAgreement of partnership is . . . . . . . in ordinary course of business dealings
Select an option to see the answer and solution.
Q145
Open questionA and B jointly purchased a tea shop. Each of them contributed half of the expense incurred for pottery and utensils. Then they leased out the shop and shared the rent equally. They are:
Select an option to see the answer and solution.
Q146
Open questionDissolution of a firm by court has been dealt with under
Select an option to see the answer and solution.
Q147
Open questionAn illustration of representation by conduct within the meaning of section 28 of the Indian Partnership Act, 1932, is
Select an option to see the answer and solution.
Q148
Open questionThe distribution of surplus assets of the partnership firm, among the partners amounts to
Select an option to see the answer and solution.
Q149
Open questionA person who has lent money to a person or firm engaged in a business and has agreed to take a proportion of the profits of the business in addition to or in lieu of his interest, does not by that reason alone becomes a partner, in the business, has been laid down in
Select an option to see the answer and solution.
Q150
Open questionThe Goodwill of a firm is stated to be an asset of the firm, in the Indian Partnership Act, 1932, under
Select an option to see the answer and solution.
Q151
Open questionBar of non-registration of firm under section . . . . . . . . . of Partnership Act does not affect maintainability of petition under section 9 of Arbitration and Conciliation Act
Select an option to see the answer and solution.
Q152
Open questionWhich of the following terms of the original contract do not apply to the partnership continued after the expiration of the original term
Select an option to see the answer and solution.
Q153
Open questionCan a family business carried on by an undivided Hindu family be called partnership?
Select an option to see the answer and solution.
Q154
Open questionSection 16 of the Indian Partnership Act states the
Select an option to see the answer and solution.
Q155
Open questionFor the purposes of section 44(f) of the Indian Partnership Act, 1932, the loss must be attributable to
Select an option to see the answer and solution.
Q156
Open questionDissolution of a firm can be carried by
Select an option to see the answer and solution.
Q157
Open questionWhere an individual is a common partner in two firms
Select an option to see the answer and solution.
Q158
Open questionUnder section 30 of the Indian Partnership Act, 1932, a minor can be admitted to the benefits of the partnership
Select an option to see the answer and solution.
Q159
Open questionA partner cannot acquire or transfer immovable property on behalf of the firm. However such an act can be done by a partner.
Select an option to see the answer and solution.
Q160
Open questionSection 32 of the Indian Partnership Act, 1932, prescribes
Select an option to see the answer and solution.