Question
What is a partner obligated to do in case of wilful
neglect in conducting the firm's business?Solution
The Indian Partnership Act Section 13. Mutual rights and liabilities: (f) a partner shall indemnify the firm for any loss caused to it by his wilful neglect in the conduct of the business of the firm.
Which of the following commission is related with the Rajiv Gandhi Killing?
Which country’s Capital topped the United Nations Environment Programme's report - Frontiers 2022: Noise, Blazes and Mismatches?
Indian Financial System Code (IFSC) is a / an
Priority Sector lending actually means lending to
What does 'VAT' stand for in the context of taxation?
Who among the following won the ‘Gulbenkian Prize for Humanity’ in 2020?
In Which Five Year Plan India Opted for Mixed Economy?
In which year was the first Census conducted?
What term describes the consumption of fixed capital in an economy?
Which one of the following pairs is correctly matched?