Question
Under the Indian Partnership Act, 1932, Section 13,
partners are entitled to which of the following by default?Solution
Section 13 of the Partnership Act establishes the default profit-sharing rule: partners share profits equally unless there's an express or implied agreement to the contrary. Notably, partners are not entitled to salary, interest on capital, or remuneration for work unless specifically agreed, emphasizing partnership as a relation of mutual trust rather than employment.
-
Be it cash crops or food crops, the _____ is profit and this is what matters _____ any small farmer.
... The Naples city council unanimously _____________ the change of name from Stadio San Paolo to Stadio Diego Armando Maradona.
The Raman effect ____________ from the inelastic scattering of radiation in the visible region by molecules.
The _______ were arrested for illegally hunting the bears.
In the question given below, two sentences are given with one blank each. From the given answer choices, choose the option which contains the word that...
Choose the correct option to fill blank 1.
The …………. on culture and civilisation in the party’s foreign policy articulation is rather evident over the years, …………..when it was i...
Directions: Below given sentences contain two blanks. Fill in the blanks with appropriate words.Â
The detective found ___________ evidence at ...
India Inc.’s earnings performance ___________ the second quarter of the financial year has turned _______ to be largely in line with street expect...
Each sentence below has a blank. Choose the most appropriate word that best fits the context of the sentence.
Healthy coral reefs provide a ___...