Indian Partnership Act - Practice Test

(A) In the ordinary course of business of the firm

(B) With the authority of his co-partners

(C) Either (A) or (B)

(D) Only (B) and not (A)

(C) Either (A) or (B)

(A) Question of fact

(B) Question of law

(C) Mixed question of fact and law

(D) Either (A) or (C)

(D) Either (A) or (C)

(A) The accounts of profits as is declared by the other partners

(B) The arrangement made by the partners as between themselves relating to their rights or profits

(C) The share of profits of the transferring partner being given to him

(D) Neither (A) nor (B) nor (C)

(D) Neither (A) nor (B) nor (C)

(A) Contract between two or more persons

(B) Contract must be to carry on some business

(C) Contract must be to share profits of business

(D) Business must actively be carried on by all the partners

(D) Business must actively be carried on by all the partners

(A) Right of the partners

(B) Duty of the partners

(C) Privilege of the partners

(D) Liability of the partners

(B) Duty of the partners

Indian Partnership Act - Study Mode