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The law dealing with the partnerships is contained in ________.
- a)The Indian Partnership Act, 1932
- b)The Indian Partnership Act, 1930
- c)The Indian Partnership Act , 1872
- d)The Indian Partnership Act, 2006
Correct answer is option 'A'. Can you explain this answer?
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The law dealing with the partnerships is contained in ________.a)The I...
The law of partnership is contained in the Indian Partnership Act, 1932, which came into force on 1st Oct., 1932.This is based on the English Law on the subject as contained in the Partnership Act, 1890. The main principles arethe same. The most important change is regarding provision for registration of firms.
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The law dealing with the partnerships is contained in ________.a)The I...
Correct answer is Option a. The law dealing with the partnerships is The Indian Partnership Act , 1932 . Under this act things are described as :
how to form a partnership business , what are the conditions for doing so , how this business runs , what are the relations between partners , what is the nature of partnership , whether law is essential or not and much more things . But ultimately this act is very important for every businessman to understand it as it is a law so every businessman must have knowledge about it .
how to form a partnership business , what are the conditions for doing so , how this business runs , what are the relations between partners , what is the nature of partnership , whether law is essential or not and much more things . But ultimately this act is very important for every businessman to understand it as it is a law so every businessman must have knowledge about it .
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The law dealing with the partnerships is contained in ________.a)The I...
The correct answer is option A .all the partnership laws are followed as in the "Indian partnership act 1932".so the answer is true.
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The law dealing with the partnerships is contained in ________.a)The Indian Partnership Act, 1932b)The Indian Partnership Act, 1930c)The Indian Partnership Act , 1872d)The Indian Partnership Act, 2006Correct answer is option 'A'. Can you explain this answer?
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