Indian Partnership Act - Study Mode
[#366] On dissolution, the business firm which the partners have founded
Correct Answer
(D) Both (B) and (C)
[#367] A firm is liable to be compulsorily dissolved under Section 41 of the Indian Partnership Act on adjudication of
Correct Answer
(D) Neither (A) nor (B)
[#368] Which of the following sections of the Indian Partnership Act bestows every partner with the authority of an agent?
Correct Answer
(B) Section 18
[#369] Where a firm is carrying on more than one type of business, under the proviso to section 41(b) of the Act, the firm escapes compulsory dissolution if
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(C) Least business remains lawful
[#370] 'Notice to a partner is a notice to the firm' has been provided under
Correct Answer
(C) Section 24 of the Act