A partnership firm is not regarded as a corporate person. Unlike corporations, partnership firms do not have an independent legal identity apart from their partners. Instead, they represent a group of individuals who have come together through a partnership agreement to conduct business. Although partnership firms can undertake contractual obligations and participate in business ventures, they do not possess the distinct legal personality or limited liability characteristic of corporate entities. Therefore, partnership firms are not categorized as corporate persons.
Nine years ago, the ratio of ages of Raj and Vijay was 5:7, respectively. Four years hence, the ratio of ages of Sanjay and Vijay will be 2:3, respectiv...
The average age of 26 children and their teacher's age are 22 years. If the teacher's age is excluded, the average reduces by 1. What is the teacher's age?
6 years ago, the ratio of the ages of Tara and Uma was 5:3. The present age of Sid is 14 years more than half of Uma’s present age. Find the present a...
The ratio of the present ages of P and Q is 7:4 respectively. If the age of P 13 years hence from now will be 125% more than the age of Q 4 years ago fr...
Four years ago, the ages of A and B were in the ratio of 6:7. Twelve years from now, their ages will be in the ratio of 10:11. Calculate the average of ...
A girl’s age is 125% of what it was 5 years ago, but 75% of what it will be after 5 years. What is her present age?
A’s age is the seventh part of his father’s age. After 10 years, the age of A’s father will be twice the age of B. If B’s 5th bi...
The ratio of the present ages of father and his son is 9:4. The product of their ages 3 years ago was 24 times of his son’s age that year. What was so...
Nine years ago, the ratio of ages of Asha and Usha was 2:3, respectively. Seven years hence, the ratio of ages of Vimal and Usha will be 5:6, respective...
Present ages of P and Q are in the ratio 4:9 respectively. If Q’s age, 12 years hence from now will be 4 times of P’s age, 4 years ago from now, the...
