Indian Partnership Act - Study Mode
[#131] An unauthorized compromise or relinquishment of any claim by a partner can be questioned by
Correct Answer
(A) The other partner(s)
[#132] The status of a partner, making advances to the firm for its business, over and above the capital subscribed, is that of
Correct Answer
(D) Both (A) and (B)
[#133] A partner has a right to examine the account books etc., of the firm
Correct Answer
(D) Either (A) or (B) or (C)
[#134] "Under the Indian Partnership Act, 1932, a partnership is considered as the extension of the law of agency." The statement is
Correct Answer
(D) Totally correct
[#135] The requirement of 'Public Notice' of retirement of partner is in the case of
Correct Answer
(A) Active partner