Indian Partnership Act - Study Mode

[#506] Section 34 of the Indian Partnership Act, 1932, deals with
Correct Answer

(C) Insolvency of a partner

[#507] For the enforcement of a right arising from a contract, a partner of an unregistered firm under section 69(1) of the Indian Partnership Act, 1932 can sue
Correct Answer

(D) Neither (A) nor (B)

[#508] To start a partnership business, what should be the minimum number of partners?
Correct Answer

(A) 2

[#509] When a minor elects to become a partner he becomes, personally liable to third parties for all acts of the firm done since
Correct Answer

(A) He was admitted to be benefits of partnership

[#510] If a partner withdraws from a firm by dissolving it, then
Correct Answer

(A) It is a dissolution and not retirement of a partner