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Which one of the following statements is true.a)In a partnership, every partner is not an agent of the other partners.b)A partnership firm has no Legal personality distinct from its partners.c)In a partnership, the profits of the firm should be distributed equally among all partners.d)In a partnership, the liability of partner is limited to the extent of their Capital Contribution.Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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the CA Foundation exam syllabus. Information about Which one of the following statements is true.a)In a partnership, every partner is not an agent of the other partners.b)A partnership firm has no Legal personality distinct from its partners.c)In a partnership, the profits of the firm should be distributed equally among all partners.d)In a partnership, the liability of partner is limited to the extent of their Capital Contribution.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam.
Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following statements is true.a)In a partnership, every partner is not an agent of the other partners.b)A partnership firm has no Legal personality distinct from its partners.c)In a partnership, the profits of the firm should be distributed equally among all partners.d)In a partnership, the liability of partner is limited to the extent of their Capital Contribution.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Which one of the following statements is true.a)In a partnership, every partner is not an agent of the other partners.b)A partnership firm has no Legal personality distinct from its partners.c)In a partnership, the profits of the firm should be distributed equally among all partners.d)In a partnership, the liability of partner is limited to the extent of their Capital Contribution.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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Which one of the following statements is true.a)In a partnership, every partner is not an agent of the other partners.b)A partnership firm has no Legal personality distinct from its partners.c)In a partnership, the profits of the firm should be distributed equally among all partners.d)In a partnership, the liability of partner is limited to the extent of their Capital Contribution.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Which one of the following statements is true.a)In a partnership, every partner is not an agent of the other partners.b)A partnership firm has no Legal personality distinct from its partners.c)In a partnership, the profits of the firm should be distributed equally among all partners.d)In a partnership, the liability of partner is limited to the extent of their Capital Contribution.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Which one of the following statements is true.a)In a partnership, every partner is not an agent of the other partners.b)A partnership firm has no Legal personality distinct from its partners.c)In a partnership, the profits of the firm should be distributed equally among all partners.d)In a partnership, the liability of partner is limited to the extent of their Capital Contribution.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Which one of the following statements is true.a)In a partnership, every partner is not an agent of the other partners.b)A partnership firm has no Legal personality distinct from its partners.c)In a partnership, the profits of the firm should be distributed equally among all partners.d)In a partnership, the liability of partner is limited to the extent of their Capital Contribution.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.