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 law of Newton provides a quantitative definition of force?
The practice of appending notes regarding contingent liability in accounting statements is pursuant to:
Who among the following was the founder of the Sunga dynasty, who established his kingdom by killing the last Mauryan emperor?
Which state has the least availability of alluvial soil?
Which bacterium is used to turn milk to curd?
The magnificent Kailasa temple at Ellora was built during the reign of which Rashtrakuta king?
Living organisms have been on Earth for how much percent of Earth's history?
Who initiated the establishment of the high-powered Task Force on Supportive Policy and Regulatory Framework for Microfinance in November 1998?
Which State's Chief Minister has been awarded the Bharat Ratna Dr Ambedkar Award for fear free state, in May 2023?
What can be the effects of noise pollution on human health?
1. Damage to the ear and temporary or permanent hearing loss often called ‘a tem...
