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Section 4 and 5 of Partnership Act Section4 DEFINITION OF "PARTNERSHIP", "PARTNER", "FIRM" AND "FIRM-NAME". "Partnership" is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Persons who have entered into partnership with one another are called individually, "partners" and collectively "a firm", and the name under which their business is carried on is called the "firm-name". Section5 PARTNERSHIP NOT CREATED BY STATUS. The relation of partnership arises from contract and not from status; and, in particular, the members of a Hindu undivided family carrying on a family business as such, or a Burmese Buddhist husband and wife carrying on business as such are not partners in such business.
Consider the following number sequence:
4 3 4 5 7 3 9 3 5 7 5 4 7 8 9
How many prime numbers are present in the above sequence which are n...
Which element is the fifth element to the right of the 15th element from the right end?
If all the even numbers are dropped from the above given arrangement then which is the 6th element to the left of the 4th element from the right end?
Which box contains maximum candies?
I. Box A has candies more than Box C and Box E but not more than Box B and Box D.
II. The sum of candi...
If in the word ‘ SHORTCUT ’ first three and then next three letters are written in reverse order and the rest of the letters are written as they app...
Select the number from among the given option that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, 72, ?
Which element is 7th to the right of the element, which is 13th to the left of '4'?
Which of the following is a computer network that usually spans a city or a large campus?
Vipin put his timepiece on the table in such a way that at 3 am hour hand points to South. In which direction the minute hand will point at 12:20 pm?