Indian Partnership Act - Study Mode
[#151] What is a partnership at will?
Correct Answer
(C) Partnership without provision for duration
[#152] The partner's authority to act for the firm and to bind the co-partners under section 47 of the Indian Partnership Act, 1932, continues
Correct Answer
(C) Both (A) and (B)
[#153] Dissolution of a firm has been defined under
Correct Answer
(A) Section 39 of the Act
[#154] A partner can transfer his interest in the firm, under section 29 of the Indian Partnership Act, 1932
Correct Answer
(D) Either (A) or (B) or (C)
[#155] The method of retirement of a partner under the Indian Partnership Act, 1932 has been explained in
Correct Answer
(D) Section 32