A partner in a firm _______.
A. cannot transfer his share to an outsider
B. can transfer his share to an outsider with the consent of majority partners
C. can transfer his share to an outsider without the consent of any other partners
D. can transfer his share to an outsider with the consent of all other partners
Answer: Option A
Solution(By Examveda Team)
A partner in a firm cannot transfer his share to an outsider. A partner of a firm cannot transfer his interest in the firm to an outsider and make the transferee apartner without the consent of all the others. A shareholder of a company can transfer his shares and the transferee can become a member of the company.Join The Discussion
Comments ( 3 )
A. Commerce
B. Industry and commerce
C. Trade and commerce
D. Selling and buying of goods
Which of the following is not an economic activity?
A. A doctor practicing
B. A lawyer practicing law
C. A professional cricketer playing cricket
D. A student playing cricket
Which of the following is an extractive industry?
A. Cattle breeding
B. Forest cultivation
C. Hunting
D. Flour mills
Which of the following is not a manufacturing industry?
A. Iron and steel works
B. Flour Mills
C. Fruit canning
D. Mining
As per my knowledge a partner can transfer his share to an outside person with the consent of all other partners
Option D is correct
Option D is correct