Question
Which of the following is not a duty of partners under
the Partnership Act?Solution
Explanation: According to Section 9 of the Partnership Act, partners have a duty to carry on the business of the partnership to the greatest common advantage, to be just and faithful to each other, to render true accounts and full information, and to indemnify the firm for any loss caused to it by the partner’s misconduct. Partners also have a duty to share profits and losses equally unless otherwise agreed upon in the partnership agreement. However, partners are not allowed to compete with the firm in the same business.
Which of the following organs does not secrete digestive enzymes?
Respiration occurs in which part of the cell?
How many pairs of ribs are there in the human body?
In animals like Annelids and Molluscs, organs are associated to form functional systems, each concerned with a specific physiological function. This pat...
Who founded binomial nomenclature?
Which of the following plays a significant role in our stomach in checking disease causing microbes ?
Small bubbles are perfectly spherical because of –
The contraction of the heart is also known as:
Analogous structures arise due to:
Decomposition is affected by: