Question
If a partner carries out business competing with that
of the firm______.Solution
S. 16 PERSONAL PROFITS EARNED BY PARTNERS. Subject to the contract between the partners, - (a) if a partner derives any profits for himself from any transaction of the firm, or from the use of the property or business connection of the firm or the firm-name, he shall account for that profit and pay it to the firm; (b) if a partner carries on any business of the same nature as and competing with that of the firm, he shall account for and pay to the firm all profits made by him in that business.
Which of the following is the appropriate definition of partnership?
As per section 150 of the Contract Act________ is bound to disclose to the faults in the goods bailed, of which he is aware, and which materially inter...
Which of the following is a new type of company which was introduced by the Companies Act, 2013?
Under Section 10(1) of the Environment (Protection) Act, 1986, entry rights are subject to the provisions of:
The instrument appointing a proxy shall ________________
An admission by an agent is admissible in________.
What does Section 74 define?
According to Sale of Goods Act, 1930, which of the following is false about contract of sale?
What does "resale price maintenance" refer to in the context of agreements for selling goods or providing services?
Which of the following is a wrong combination of number of arbitrators in an arbitral tribunal?
