Indian Partnership Act MCQ question and answer

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Each section contains 100 MCQs on Indian Partnership Act .

Section 5 of the Indian Partnership Act, 1932 does not apply to

A) Muslim Trading Family B) Christian Trading Family C) Burmese Buddhist husband and wife carrying on the business D) All the above

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

The Doctrine of Indoor Management was first laid down in the case of:

A) Morris v. Kanssen B) Howard v. Patent Ivory Company C) Royal British Bank v. Turquand D) Ruben v. Great Fingal Consolidated

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

The period of limitation for a suit for an account and a share of the profits of a dissolved partnership, where the instrument of partnership is not registered, is

A) One year from the date of dissolution B) Two years from the date of dissolution C) Six months from the date of dissolution D) Three years from the date of dissolution

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

A partnership firm is liable for the acts done by a partner within

A) The express authority of a partner B) The implied authority of a partner C) Both (A) and (B) D) Either (A) or (B)

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

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Indian Partnership Act MCQ question and answer | Law MCQ question