Test: Registrations And Dissolution Of A Firm- 1 - Commerce MCQ
30 Questions MCQ Test Crash Course of Accountancy - Class 12 - Test: Registrations And Dissolution Of A Firm- 1
The conclusive evidence of registration of firm is:
At the time of dissolution of a firm, every partners or his representative is entitled to have the ________ applied in payment of the debts and liabilities of the firm:
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The private property of any partner shall be applied first in payment of :
A partnership firm is compulsorily dissolved where:
Application for dissolution of a firm on the ground of permanent incapacity of a partner can be made by:
A and B become partners for 16 years. A pays B a premium of Rs. 5000. At the end of 8 years, there is dispute between A and B and they declare a dissolution:
In the absence of any contract to the contrary insolvency of a partner results in:
If any mistake has been done in the Register of firms then application for rectification can be given:
Which of the following are grounds for compulsory dissolution of the firm by court?
The conclusive evidence of registration of firm is:
In case of unregistered firms, public notice is given in the following manner:
Register of firm is open to inspection:
M is employed by P Q R Bros. a Partnership Firm. M is entitled to a remuneration of Rs. 40,000 p.m. plus 12% on the profit of the firm if profits exceed Rs. 10 lacs. Hence:
P is indebted to the firm for a sum of Rs. 500 and the firm files a suit against him on 1.3.2008. will the firm succeed if the firm is not registered:
The loss arising out of partner’s insolvency shall be borne by _________according to Gamer Vs. Murray case:
Which of the following are not affected by the non-registration of the firm?
The surplus remaining after settlement of debts and liabilities of the firm in case of dissolution shall be __________.
The status of a partner making advances to a firm for its business in addition to his Capital, is that of
Registrar of firms under Section 57 of the Indian Partnership Act is appointed by:
One of the following is not the disability of an unregistered firm:
Non registration of Partnership is not a bar for:
Loss arising out of partner’s insolvency can be recouped form_________:
In order to get a copy of the register of Registrar of firms, a firm is required to pay certain fees as prescribed by the law:
On the ground ________ one or more partners of a firm individually or together apply to the court for dissolution of the firm.
When all the partners except one become insolvent, the firm is _________.
There is compulsory dissolution of the firm:
When an agreement to form a partnership is signed by all the partners, the document is called
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79 docs|41 tests
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79 docs|41 tests
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