Which of the following is not a duty of partners under the Partnership Act?
Explanation: According to Section 9 of the Partnership Act, partners have a duty to carry on the business of the partnership to the greatest common advantage, to be just and faithful to each other, to render true accounts and full information, and to indemnify the firm for any loss caused to it by the partner’s misconduct. Partners also have a duty to share profits and losses equally unless otherwise agreed upon in the partnership agreement. However, partners are not allowed to compete with the firm in the same business.
Statement : The Government will pay heed to the recommendation given by MadhavGadgil headed Western Ghats Ecology Expert Panel regarding the conserva...
Which of the following statements is definitely true according to the passage?
Statement: The 52 low-lying vulnerable island nations sustain 62 million people and emit less than 1% of global greenhouse gases (GHGs), yet are among t...
What does accumulation of a huge amount in compensatory funds points to?
What according to you can be the best title for the passage?
What all ways have emerged in the post-modern times to present and amass all views ,keeping in view the freedom of expression ?
Choose the word which is most nearly the same in meaning to the word ‘prerogative’ as used in the passage .
Which of the following is opposite in the meaning of the word ‘initiative’ as used in the passage?
Why did the Author call Agha Shahid Ali?
How did Parth get to school that day?
