Question
As per Partnership Act, in which of the following cases
partners have the duty to indemnify the loss caused to the firm?Solution
As per s.10 of the Partnership Act, loss caused to the firm by fraud of partners is to be indemnified by the partners. It is their duty.
More Alternate Sources of Finance Questions
I. 3x2 + 3x - 60 = 0
II. 2y2 - 7y + 5 = 0
I). 5p2 - p - 4 = 0
II). q2 - 12q + 27 = 0
- Determine the remainder when equation 4p³- 5p² + 2p + 1 is divided by (4p - 3).
Solve the quadratic equations and determine the relation between x and y:
Equation 1: x² - 30x + 221 = 0
Equation 2: y² - 28y + 189 = 0
I. 144x² - 163x - 65 = 0
II. 91y² - 128y -48 = 0
I. x² - 208 = 233
II. y² + 47 - 371 = 0
I. 35x² - 24x – 35 = 0
II. 72y² - 145y + 72 = 0
I. 6x² - 13 x + 6 = 0
II. 15 y² + 11 y - 12 = 0
I.√(3x-17)+ x=15
II. y + 135/y=24
I. 12y2 + 11y – 15 = 0
II. 8x2 – 6x – 5 = 0
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