MCQ - Basics of Partnership (Part - 2) CA Foundation Notes | EduRev

Mercantile Law for CA CPT

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CA Foundation : MCQ - Basics of Partnership (Part - 2) CA Foundation Notes | EduRev

 Page 1


General Nature of a Partnership 
       Unit 1 
CPT Mercantile Law 
Chapter -3 The Indian Partnership Act ,1932 
 
CA. Dipti Lunawat 
Page 2


General Nature of a Partnership 
       Unit 1 
CPT Mercantile Law 
Chapter -3 The Indian Partnership Act ,1932 
 
CA. Dipti Lunawat 
Case Law based 
Questions 
Questions 
Page 3


General Nature of a Partnership 
       Unit 1 
CPT Mercantile Law 
Chapter -3 The Indian Partnership Act ,1932 
 
CA. Dipti Lunawat 
Case Law based 
Questions 
Questions Question No.1 
Two Brothers X (age 18 years), Y (age 17 
years),decide to form a partnership. Can they do 
so? 
Ans No 
Page 4


General Nature of a Partnership 
       Unit 1 
CPT Mercantile Law 
Chapter -3 The Indian Partnership Act ,1932 
 
CA. Dipti Lunawat 
Case Law based 
Questions 
Questions Question No.1 
Two Brothers X (age 18 years), Y (age 17 
years),decide to form a partnership. Can they do 
so? 
Ans No 
Question No.2 
Three Brothers X (age 19years), Y (age 18 years) 
and Z (age 17 years),decide to form a partnership 
with a provision that Z will share profits only? 
Ans No 
Page 5


General Nature of a Partnership 
       Unit 1 
CPT Mercantile Law 
Chapter -3 The Indian Partnership Act ,1932 
 
CA. Dipti Lunawat 
Case Law based 
Questions 
Questions Question No.1 
Two Brothers X (age 18 years), Y (age 17 
years),decide to form a partnership. Can they do 
so? 
Ans No 
Question No.2 
Three Brothers X (age 19years), Y (age 18 years) 
and Z (age 17 years),decide to form a partnership 
with a provision that Z will share profits only? 
Ans No 
Question No.3 
Two banking firms, each having ten members , 
amalgamate their business. Can Contracts entered 
into by the amalgamated firm be enforce by firm? 
Ans No 
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