Relations of Partners
Online Exam in Relations of Partners in Mercantile Laws for the preparation of professional exams of ca cpt, ca foundation, cs foundation, cma foundation
Relations of Partners - Test 4
0 of 30 questions completed
Questions:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Information
Subject :- Mercantile law No.of Quiz questions :- 30
Chapter :- Relations of Partners – Test 4
Start quiz button
You have already completed the quiz before. Hence you can not start it again.
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
0 of 30 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0 )
Thanks for participating in online mock test
Regards
Mock test Team
ekvij
Give feedback for more requirement for Mock test
At
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Question 1 of 30
1 points
In a Partnership firm, having three or more partners, where a partner decides to retire from the firm
Question 2 of 30
1 points
In case of Partnership at will, a retiring partner has to give a written notice
Question 3 of 30
1 points
Which of the following is not the right of a partner i.e. which he cannot claim as a matter of right ?
Question 4 of 30
1 points
A partner who receives certain remuneration from the firm as per the express agreement, becomes an employee of the firm.
Question 5 of 30
1 points
Following is not the right of a partner i.e., which he cannot claim as a matter of rights to
Question 6 of 30
1 points
In case of invalid expulsion of a partner, the firm automatically gets dissolved.
Question 7 of 30
1 points
To avoid liability to third parties, public notice of expulsion should be given. Such public notice must be given by
Question 8 of 30
1 points
The invalid expulsion of a partner gives him a right to claim damages.
Question 9 of 30
1 points
To admit a new partner, unless there is a contract to the contrary, consent is required from
Question 10 of 30
1 points
The implied authority of a partner is subject to the following mentioned condition
Question 11 of 30
1 points
A new admitted partner brings certain amount of money besides his capital contribution is known
Question 12 of 30
1 points
According to Partnership Act, the transferee of a partner’s interest
Question 13 of 30
1 points
The partnership deed may provide that a new partner may be introduced
Question 14 of 30
1 points
Where a partner of a firm is adjudged insolvent, the partnership firm
Question 15 of 30
1 points
A retired partner continues to be liable for the acts done by any of the partners after his retirement if
Question 16 of 30
1 points
A partner can be expelled if
Question 17 of 30
1 points
Following acts are not included in the implied authority of a partner to
Question 18 of 30
1 points
A third party deals with the firm without knowledge. That Mr.X has been expelled from the firm, in such a case, Mr X _____
Question 19 of 30
1 points
Which of these acts are within the implied authority of a partner ?
Question 20 of 30
1 points
The liability of a new partner generally commences from
Question 21 of 30
1 points
Which are the subjects, for which a partner does not have implied authority
Question 22 of 30
1 points
A firm is said to be reconstituted
Question 23 of 30
1 points
According to Partnership Act, the transferee of a partner’s interest is not entitled to
Question 24 of 30
1 points
When a partner is expelled otherwise than in good faith, it is
Question 25 of 30
1 points
Generally, a new partner is liable for all acts done by the firm even before his admission.
Question 26 of 30
1 points
Retiring partner continues to be liable for acts of the firm done –
Question 27 of 30
1 points
An Expelled partner continues to be liable for acts of the firm done
Question 28 of 30
1 points
Where a new partner specifically agrees to bear past liabilities, he will be liable for such liabilities to
Question 29 of 30
1 points
A new partner generally shall be liable for the
Question 30 of 30
1 points
Where the expulsion of a partner is irregular he can
Online Exam
Ekvij provides online exam in Fundamentals of Accounting , General Economics , Quantitative Aptitude and Mercantile Law for preparation of CA CPT , CA Foundation , CS Foundation and CMA Foundation Exams.