Question
If a partner earns some profit for himself from the
business of the firm?Solution
As per The Indian Partnership Act, 1932 Section16 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. Â
Rearrange the parts in correct order to make meaningful sentence:
A. and finally caught him
B. while he was jumping onto
C. they ra...
Given below are six sentences 4 of which are jumbled. The first and the last sentence are given. Pick the option that gives the logically correct order...
1. The psychology professor
P. to an auditorium
Q. stress management principles
R. walked around on a
S. stage while teachi...
In the questions given below, a sentence has been divided into four fragments (A), (B), (C) and (D) and is arranged (not necessarily in the correct ord...
Given below are four jumbled sentences. Select the option that gives their correct order.Â
A. It was a wonderful, almost awful sight – in plac...
Select the most appropriate option to substitute the highlighted segment in the given sentence. If there is no need to substitute it, select No improve...
Choose the appropriate option to arrange the sentences in the correct order to form a meaningful paragraph.
A-Â The prime objective of the Sagar...
Given below are four jumbled sentences. Select the option that gives their correct order.
A. Some people love to watch birds or fish, but I love ...
A. packing and hauling of the furniture
B. hardly touched the furniture
C. another house she hired
D. when Tina moved into
E. a boy to help in theÂ
A Some of the Vitamin A rich sources of foods are carrots, broccoli, spinach, fish and meat.
B An American research study has found that Vitamin ...
