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 statements is INCORRECT about the Directive Principles of State Policy?
On the Earth's surface, the acceleration of gravity is about _________.
In each of the following questions, a word printed in Capital letters is followed by four numbered words or phrases. Choose the one, which is most nearl...
Which of the following is/are correct about the “land revenue system in British India”?
I. Permanent settlement was ...
What was the rural literacy rzate in India, according to the 2011 Census?
According to the Cultural Ministry of India, currently India have how many Classical dances?
Which is the 1st hallmark present on gold jewelry to indicate its purity?
How many Life Insurance Companies are in India?
In the energy flow diagram of an ecosystem, the flow of energy comes to herbivores from:
Arrange the following events in chronological order:
I. Kalinga War
II. Accession of Bindusar
III. Shunga Dynasty
