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.
Who among the following person participates on August 17?
Which of the following boxes is placed exactly in the middle?
Six boxes L, M, N, O, P and Q are kept one above another. The bottommost box is numbered as 1 and the topmost box is numbered as 6. L is three boxes bel...
Engagement is to be held on which day
Which of the following combination is true?
Select the option that is related to the third number in the same way as the second number is related to the first number.
39 : 68 :: 54 : ?
How many persons live between Deepa and Chand?
Who among the following person likes Papaya?
Seven boxes P, Q, R, S, T, U and V are kept one above another. S is three boxes above U. There are two boxes between S and V. P is immediately above R. ...
Who among the following person visits immediately after X?