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-9 section-3
Each section contains 100 MCQs on
Indian Partnership Act .
Which section of the Partnership Act provides that in the absence of an agreement all partners are entitled and liable for equal share in profit and loss?
Under section 52 of the Indian Partnership Act, 1932, the partner entitled to rescind the contract of partnership on the ground of fraud or misrepresentation has
The authority of a partner to bind the firm by his acts done in the usual course of business is called his "implied authority". Such authority does not include:
A partner who has paid premium for admission into the partnership, in the premature dissolution of the firm, under section 51 of the Indian Partnership Act, 1932, is not entitled to refund of the premium if the dissolution is occasioned by
