Multiple Choice
If no provision is made in agreement regarding the duration of the partnership:
A) limited partnership
B) partnership at will
C) none
D) particular partnership
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q12: For any decrease in the value of
Q13: The agreement among partners which set out
Q14: Revolution A/c is a:<br>A)real a/c<br>B)personal a/c<br>C)cash a/c<br>D)nominal
Q15: A is drawing Rs. 500 regularly on
Q16: Loss on realization is:<br>A)debited to partners capital
Q18: When all partners are insolvent creditors will
Q19: When a partner dies, firm will receive
Q20: A person who receives a share of
Q21: Every partner has a right to be
Q22: Loss on realization is distributed among partners:<br>A)according