Indian Partnership Act MCQ question and answer | Law MCQ question

Home / Law / Indian Partnership Act

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7

31.
What constitutes the property of the firm has been dealt with in

A. Section 16

B. Section 15

C. Section 14

D. Section 13

Answer & Solution Discuss in Board Save for Later

32.
Partnership can be created by

A. A written agreement between partners

B. An oral agreement between partners

C. Could be inferred from the conduct of the parties

D. All of the above

Answer & Solution Discuss in Board Save for Later

33.
Which of the following is true about an incorporated company?

A. Its life depends on the life of its members

B. Its nationality depends on the nationality of its shareholders

C. Audit is not compulsory of its account

D. As such it never dies

Answer & Solution Discuss in Board Save for Later

34.
Section 34 of the Indian Partnership Act, 1932, deals with

A. Retirement of a partner

B. Expulsion of a partner

C. Insolvency of a partner

D. Death of a partner

Answer & Solution Discuss in Board Save for Later

35.
For the enforcement of a right arising from a contract, a partner of an unregistered firm under section 69(1) of the Indian Partnership Act, 1932 can sue

A. The firm

B. The co-partner(s)

C. Both (A) and (B)

D. Neither (A) nor (B)

Answer & Solution Discuss in Board Save for Later

36.
To start a partnership business, what should be the minimum number of partners?

A. 2

B. 10

C. 4

D. 20

Answer & Solution Discuss in Board Save for Later

37.
When a minor elects to become a partner he becomes, personally liable to third parties for all acts of the firm done since

A. He was admitted to be benefits of partnership

B. From the date of his attaining majority

C. From the date of his becoming a partner

D. Both (B) and (C)

Answer & Solution Discuss in Board Save for Later

38.
If a partner withdraws from a firm by dissolving it, then

A. It is a dissolution and not retirement of a partner

B. It is a novation and not retirement of a partner

C. It is a retirement of a partner

D. None of the above

Answer & Solution Discuss in Board Save for Later

39.
The type of dissolution provided under section 43 of the Indian Partnership Act, 1932 is

A. Dissolution by court

B. Dissolution by notice

C. Dissolution by agreement

D. Dissolution by insolvency

Answer & Solution Discuss in Board Save for Later

40.
The provision related to 'Expulsion of a partner is contained under'

A. Section 32

B. Section 33

C. Section 30

D. Section 31

Answer & Solution Discuss in Board Save for Later

1 2 3 4 5 6 7 8 9 10

Indian Partnership Act MCQ question and answer | Law MCQ question

31. What constitutes the property of the firm has been dealt with in

Answer & Solution

32. Partnership can be created by

Answer & Solution

33. Which of the following is true about an incorporated company?

Answer & Solution

34. Section 34 of the Indian Partnership Act, 1932, deals with

Answer & Solution

35. For the enforcement of a right arising from a contract, a partner of an unregistered firm under section 69(1) of the Indian Partnership Act, 1932 can sue

Answer & Solution

36. To start a partnership business, what should be the minimum number of partners?

Answer & Solution

37. When a minor elects to become a partner he becomes, personally liable to third parties for all acts of the firm done since

Answer & Solution

38. If a partner withdraws from a firm by dissolving it, then

Answer & Solution

39. The type of dissolution provided under section 43 of the Indian Partnership Act, 1932 is

Answer & Solution

40. The provision related to 'Expulsion of a partner is contained under'

Answer & Solution

Read More Section(Indian Partnership Act)

31.
What constitutes the property of the firm has been dealt with in

32.
Partnership can be created by

33.
Which of the following is true about an incorporated company?

34.
Section 34 of the Indian Partnership Act, 1932, deals with

35.
For the enforcement of a right arising from a contract, a partner of an unregistered firm under section 69(1) of the Indian Partnership Act, 1932 can sue

36.
To start a partnership business, what should be the minimum number of partners?

37.
When a minor elects to become a partner he becomes, personally liable to third parties for all acts of the firm done since

38.
If a partner withdraws from a firm by dissolving it, then

39.
The type of dissolution provided under section 43 of the Indian Partnership Act, 1932 is

40.
The provision related to 'Expulsion of a partner is contained under'