Question
Which of the following is not a duty of partners under
the Partnership Act?Solution
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.
For a long time he kept his wife in the dark about the true nature of his job
Select the most appropriate meaning of the given Idiom.
LIME - LINE
Select the idiom/phrase that most accurately and contextually replaces the bolded segment.
After three failed attempts, the start-up finally su...
Select the most appropriate meaning of the bold idiom in the given sentence.
Mrs. Arora has got the green light from the principal to organise...
Under the weather
In each question below, a sentence is given with an idiom/phrase printed in bold type. That part may contain a grammatical error. Each sentence is follo...
People want us to join the gun and do something instantaneous but these things have to be done properly.
In the following question a proverb/idiom us given. Select the option that best describes the meaning of the given proverb/idiom.
Under the weat...
After the argument, she decided to bury the hatchet and make peace.
To take to one's heels
