Interest on the capital subscribed by a partner is payable only out of profits, Section 13 Mutual Rights and Liabilities: Subject to contract between the partners - (a) a partner is not entitled to receive remuneration for taking part in the conduct of the business; (b) the partners are entitled to share equally in the profits earned, and shall contribute equally to the losses sustained by the firm; (c) where a partner is entitled to interest on the capital subscribed by him, such interest shall be payable only out of profits.
In a certain code language, ‘ORIGINAL’ is written as ‘AGIILNOR’. How will ‘BREATHE’ be written in that language?
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If ‘as’ is written as ‘sa’, ‘I’ is written as ‘ma’ and ‘done’ is written as ‘na’, how will be ‘Do not say’ written as in th...
In a certain code language, ‘DEVIL’ is written as ‘ZJPPD’, and ‘PLAYER’ is written as ‘LQUFWA’. How will ‘HORSE’ be written in that ...
If the code for BRUSHING is SHRUBlNG then what will be the code for SLEEPING?
In a certain code language, ‘SAPLING’ is coded as '14' and ‘CHEMIST’ is coded as '152'. What is the code of word ‘MANLY’ in the same coding ...
What is the code for the phrase “be Sometimes” in the given code language?
In a certain code language, ‘KPURKTG’ is written as ‘LRVVLBH’. How will ‘HQTIKXG’ be written in that language?
In a certain code language, ‘TEAR’ is written as ‘4’ and ‘FLIGHT’ is written as ‘6’. What will be the code for ‘HESITATION’ in that ...
What does the code “Qi” represents?