Indian Partnership Act - Study Mode
[#501] If several persons are partners in a firm and one of them agrees to share the profits devised by him with a stranger, the agreement, as per the law laid down in Murlidhar v. I. T. Commissioner, AIR 1967 SC 383,
Correct Answer
(B) Does not make the stranger a partner in the original firm
[#502] Registration of Firm does not create Partnership, but is only the evidence of Partnership:
Correct Answer
(A) True
[#503] What constitutes the property of the firm has been dealt with in
Correct Answer
(B) Section 15
[#504] Partnership can be created by
Correct Answer
(D) All of the above
[#505] Which of the following is true about an incorporated company?
Correct Answer
(D) As such it never dies