The maximum number of partners in a banking business under The Indian Partnership Act, 1932 is _______.
Anonymous Quiz
18%
10
21%
20
6%
30
55%
50
A partner who takes active part in the management of the business is known as _______.
Anonymous Quiz
8%
nominal partner
87%
active partner
3%
sleeping partner
2%
dormant partner
The Indian Partnership Act, 1932 provides that a partnership firm is a _______.
Anonymous Quiz
73%
legal person
7%
illegal person
20%
natural person
The Indian Partnership Act, 1932 does not provide for the dissolution of a partnership firm by _______.
Anonymous Poll
24%
agreement
18%
insolvency
32%
death of a partner
26%
legal intervention
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