Indian Partnership Act - Practice Test

(A) Mode of settlement of accounts between partners

(B) Authority of partners for the purposes of winding up

(C) Liability for acts of the partners after classification

(D) Right of partners to have the business would up after dissolution

(C) Liability for acts of the partners after classification

(A) Officers of the court and succeed to the personal fiduciary relations of the partners

(B) Officers of the court and do not succeed to the personal fiduciary relations of the partners

(C) Not officers of the court and succeed to the personal fiduciary relations of the partners

(D) Nor officers of the court nor succeed to the personal fiduciary relation of the partners

(B) Officers of the court and do not succeed to the personal fiduciary relations of the partners

(A) He can compromise suits or behalf of firm

(B) He can transfer immovable properties of firm

(C) He can enter into partnership on behalf of the firm

(D) All of the above

(D) All of the above

(A) Can be attached by a creditor of the firm always

(B) Cannot be attached by a creditor of the firm at all

(C) Cannot be attached by a creditor of the firm without first obtaining the leave of the court

(D) Either (B) or (C)

(C) Cannot be attached by a creditor of the firm without first obtaining the leave of the court

(A) Three years from the date of dissolution

(B) Twelve years from the date of dissolution

(C) Thirty years from the date of dissolution

(D) One year from the date of dissolution

(A) Three years from the date of dissolution

Indian Partnership Act - Study Mode