Indian Partnership Act - Study Mode

[#381] Under Section 2(b) of the Indian Partnership Act, 'business' includes
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(C) Every trade, occupation and profession

[#382] Maintainability of a suit by a partnership firm, under section 69 of the Indian Partnership Act, 1932 is
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(B) A question of law

[#383] The principle of holding out, mentioned under Section 28 of the Indian Partnership Act, 1932 is based on the principle of
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(D) Estoppels under the Indian Evidence Act

[#384] On becoming a partner, on attaining majority by a minor who was admitted to the benefits of the firm, his personal liability, under section 30(7) of the Act, for the acts of the firm, commences from
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(C) The date of admission to the benefits of the firm

[#385] Where a minor has been admitted to the benefits of the partnership but he does not know that he has been so admitted, the option to stay in the partnership or to move out, on attaining majority under section 30(5) of the Act has to be exercised within
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(D) Six months of attaining majority or six months of acquiring the knowledge of being so admitted into the firm, whichever is later