Partnership is the relation between persons who have agreed to share the profits of a business carried on by ,,,, acting for all.
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Question 5 of 25
5. Question
1 points
In order that persons may become partners, it is essential that …..
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Question 6 of 25
6. Question
1 points
Which of the following are the essential of partnership?
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Question 7 of 25
7. Question
1 points
Persons who have entered into partnership with one another are called individually-
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Question 8 of 25
8. Question
1 points
Persons who have entered into partnership with one another are collectively called-
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Question 9 of 25
9. Question
1 points
The name under which partnership business is carried on is called …..
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Question 10 of 25
10. Question
1 points
A Firm is the name of-
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Question 11 of 25
11. Question
1 points
Statement X: Partnership Firm is separate legal entity apart of its partners.
Statement Y: A partnership Firm can use the word ”Limited as a part of its name.
Select the correct answer from the given options
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Question 12 of 25
12. Question
1 points
One of the essential elements of partnership is that there must be a contract between …….
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Question 13 of 25
13. Question
1 points
Persons entering into partnership contract may be
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Question 14 of 25
14. Question
1 points
Section 5 of the Act states that the relation of partnership arises from-
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Question 15 of 25
15. Question
1 points
In which of the following case there is NO partnership?
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Question 16 of 25
16. Question
1 points
An agreement between the partners may be …..
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Question 17 of 25
17. Question
1 points
Partnership agreement may be expressed ……
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Question 18 of 25
18. Question
1 points
Partnership agreement must be ……..
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Question 19 of 25
19. Question
1 points
As per Section 2(b) of the Act term ”business” includes every –
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Question 20 of 25
20. Question
1 points
Which of the following purpose is permissible in a partnership?
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Question 21 of 25
21. Question
1 points
Sharing of profits is …. evidence of the existence of partnership.
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Question 22 of 25
22. Question
1 points
To form a partnership, the parties should share ….
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Question 23 of 25
23. Question
1 points
Which of the following arrangement indicates a partnership?
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Question 24 of 25
24. Question
1 points
Suresh was an employee in ZPA & Co. a partnership firm with salary of 50,1000 p.m and he will get hare of profit if the profits of the firm exceed 10 lakhs.
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Question 25 of 25
25. Question
1 points
N and Z, the co-owners of a house, use the house as a hotel managed either by themselves or by a duly appointed manager for their common profit. Is there a partnership relation between the parties?
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