Question
Under the Indian Partnership Act, 1932, Section 13, in
the absence of an agreement to the contrary, how should profits be shared among partners?Solution
Section 13 of the Indian Partnership Act, 1932, establishes the default position that all partners are entitled to equal shares in the profits of the firm unless there is an express or implied agreement to the contrary. Notably, unless specifically agreed, partners are not entitled to salary for their work, interest on capital contributions, or remuneration for management, emphasizing partnership as a relationship of mutual trust rather than employment.
The sides of a triangle are 13 cm, 14 cm, and 15 cm. What is the radius of the circumcircle of this triangle?
If tan⁻¹(x) + tan⁻¹(y) + tan⁻¹(z) = π/2, then the value of cot⁻¹(x) + cot⁻¹(y) + cot⁻¹(z) = ?
7 10 4 13 ? 16
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