Partnership Quiz Set 6
Information
You have already completed the quiz before. Hence you can not start it again.
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
-
Question 1 of 10
As a general rale, hy virtue of sections 13 of the Indian Partnership Act, 1932
Correct
Correct Answer is (A)
Incorrect
Correct Answer is (A)
-
Question 2 of 10
The status of a partner, making advances to the firm for its business, over and above the capital subscribed, is that of
Correct
Correct Answer is (D)
Incorrect
Correct Answer is (D)
-
Question 3 of 10
Ordinarily, on the overdrawings by the partners from the firm
Correct
Correct Answer is (A)
Incorrect
Correct Answer is (A)
-
Question 4 of 10
Section 13(f) of the Indian Partnership Act, 1932 provides for
Correct
Correct Answer is (B)
Incorrect
Correct Answer is (B)
-
Question 5 of 10
What constitutes the property of the firm has been dealt with in
Correct
Correct Answer is (C)
Incorrect
Correct Answer is (C)
-
Question 6 of 10
Section 14 of the Indian Partnership Act, 1932 is
Correct
Correct Answer is (B)
Incorrect
Correct Answer is (B)
-
Question 7 of 10
Under section 14 of the Indian Partnership Act, 1932, the property thrown into the common stock at the commencement of the business
Correct
Correct Answer is (A)
Incorrect
Correct Answer is (A)
-
Question 8 of 10
All the benefits and liabilities arising out of a contract made on behalf of a partnership do not
Correct
Correct Answer is (D)
Incorrect
Correct Answer is (D)
-
Question 9 of 10
The property of the firm includes all property
Correct
Correct Answer is (B)
Incorrect
Correct Answer is (B)
-
Question 10 of 10
When the property is purchased out of the partnership funds but in the name of an individual partner, it
Correct
Correct Answer is (C)
Incorrect
Correct Answer is (C)
