Question
What is the liability of partners in a general
partnership under the Partnership Act?Solution
Explanation: In a general partnership, partners have unlimited liability. This means that each partner is personally liable for all the debts and obligations of the firm, even if they were incurred by another partner.
What is the Standard International Unit (SIU) of measurement of light (Illumination)?
Which Indian IT company recently got an project of $2.25-billion contract by Nielsen making it the largest outsourcing deal for an Indian IT company?
With reference to Mangroves, consider the following statements:
1. Mangrove forest usually grow only at Tropical and Subtropical latitudes near e...
Which state in India does not lie along the Tropic of Cancer?
There is a rocket launching centre in Sriharikota called Satish Dhawan Space Centre. It is in the state of:
Where was the second annual session of the Indian National Congress held?
Who is the current president of Indian Olympic Association
The consistency principle states that, once you adopt an accounting method, you shall continue to follow that in future accounting periods
India’s first multiplex in Metaverse to be launched by which telecom company in June 2022?
Every year 5th June is observed worldwide as World Environment Day. In 2018 the World Environment Day will be hosted by