Question
What are the key elements of the true test of
Partnership according to the Partnership Act?Solution
Section 4. Definition of “partnership”, “partner”, “firm” and “firm name”— "Partnership” is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all.
Even a limited strike by the U.S. to diminish North Korea’s missile capabilities, as advised by some strategists in Washington, could instantly tu...
Statement : The office administration has instructed all the employees to stop using Facebook within the office working hours.
Assumption: <...
STATEMENTÂ Â Â :Â To buy a Company A policy, contact B, the sole agent of Company A
ASSUMPTIONS: IÂ People generally prefer to buy policies...
Statement: The Kabini Backwaters, a paradise for elephants in scorching summer, is a let-down for wildlife this year owing to extreme drought.
In each question a statement is given, followed by two assumptions, numbered I and II. An assumption is supposed or taken for granted. You have to con...
Statement: The Ministry of Civil Aviation has proposed amendments to the Civil Aviation Requirements to establish a National No-Fly List and quantify ...
Statements:
I.             The university officers have decided to conduct last examination every year in March/April in order to a...
In each question a statement is given, followed by two assumptions, numbered I and II. An assumption is supposed or taken for granted. You have to con...
STATEMENTÂ Â :Â Repo Rate increased to decrease liquidity in the market.
ASSUMPTIONS: IÂ The present rates are very low.
    ...
Statement: V = T ≤ U≤ S; C = K ≥S
Conclusions: I. V < C II. V = C
