Login / Signup

Question

Which of the following statements is true?

A a partner is entitled to receive remuneration for taking part in the conduct of the business;

B the partners are not required to share equally in the profits earned,

C Where a partner is entitled to interest on the capital subscribed by him, such interest shall be payable only out of losses;

D B and C.

E None of the above.

Practice Next

More Section Tests Legal Questions

A summons as aforementioned ___
In Criminal proceedings evidence of bad character of accused_________.
A instigates B to murder C. B refuses to do so. In this case which of the following is true statement?
Where does Second Appeal lie under Section 100 of CPC?
The rule of res sub judice as provided in Section 10 of Civil Procedure Code
Under Section 96 of CPC, an appeal can lie against
Discharge is filed under which section of BNSS before Court of Sessions?
Under the IBC the Adjudicating Authority, in relation to insolvency resolution and liquidation for corporate persons including corporate debtors and person...
The provisions related to the variation in terms of contract or objects in prospectus is mentioned in the which of the following section of the Companies A...
On __________________, the Constitution Bench of Supreme Court struck down the NJAC as unconstitutional

Relevant for Exams:

Hey! Ask a query

ask-question

🎓

Think You're Ready for RBI Grade B?

RBI Grade B 2026 Phase 1 Memory Based Paper

200 Questions with Detailed Solutions
Section-wise Coverage (GA, English, Quant & Reasoning)

Download Now 100% Free PDF