Indian Partnership Act MCQ question and answer | Law MCQ question
Indian Partnership Act MCQ question and answer with easy explanations in Law MCQ. Indian Partnership Act MCQ section is suitable for aspirants preparing for competitive exams like NET, UPSC, JRF, SET,UGC NET other law exams etc. Page-5 section-6
Each section contains 100 MCQs on
Indian Partnership Act .
According to Section 30 (5), a minor can elect to become or not become a partner at any time within six months of his attaining majority or of obtaining knowledge that he had been admitted to the benefits of partnership
In cases, where there is an agreement to purchase the share of a partner, the value of the share of the outgoing partner or retiring partner shall be ascertained on the basis of
A suit for the enforcement of a right arising out of a contract against third party, under section 69(2) of the Indian Partnership Act, 1932, can be instituted by
Where the money received from a third party by the firm, in the ordinary course of its business, is misapplied by one of the partners to his own use, then the
Where no provision is made by contract between the partners for the duration of their partnership, or for the determination of their partnership, the partnership is . . . . . . .
