Question
As per Partnership Act, in which of the following cases
partners have the duty to indemnify the loss caused to the firm?Solution
As per s.10 of the Partnership Act, loss caused to the firm by fraud of partners is to be indemnified by the partners. It is their duty.
Which of the following are correct regarding Realization Accounts?
I.A realization account is an account that is used to record the proceeds of t...
If 20 men working 20 hours a day can make 20 quilts in 20 days, then in how many days 25 men working 25 hours per day will make 25 quilts?
Impervious nature of cork for water is due to deposition of which chemical?
A train covers a distance of 72 km at the speed of 48 km/h the next 69 km distance covers with a speed of 46 km/h and last 54 km with the speed of 72 km...
52. Which of the following is the source of renewable energy?
A wire of a given material has length ‘I’ and resistance ‘R’. Another wire of the same material having three times the length and twice the area...
Consider the following in regards to Jugalbandi, a AI-driven multilingual chatbot:
1.It was launched by Microsoft.
2.The chatbot has been ...
Match List-1 (Football World Cup/Year) with List-II (Host Country) and select the correct answer using the code given below the lists:
List-I ...
How many workers should be employed in a factory as per the "Industrial Disputes Act 1947" to set up a "Grievance Settlement Authority"?
If 40 : 35 :: 35 : x, find the value of x.
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