CUET Mock Test of Fundamentals of Partnership (Rules in the Absence of Partnership Deed) – 3

CUET Mock Test of Fundamentals of Partnership (Rules in the Absence of Partnership Deed) – 3 for Class 12 CBSE, ISC and CUET UG

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Mock Test Fundamentals of Partnership (Rules in the Absense of Partnership) (Part - 3)

1 / 10

What is the legal condition for admitting a minor into a partnership under the Indian Partnership Act, 1932?

2 / 10

Which of the following provisions in the Indian Partnership Act, 1932 governs the retirement of partners?

3 / 10

What does Section 69 of the Indian Partnership Act, 1932 state about the registration of a firm?

4 / 10

Under Section 35 of the Indian Partnership Act, 1932, what happens to a firm upon the death of a partner if there is no agreement otherwise in the partnership deed?

5 / 10

What is the significance of Section 69 regarding firm registration under the Indian Partnership Act, 1932?

6 / 10

If no agreement exists between partners, what is the default provision regarding the dissolution of a firm upon a partner’s death as per the Indian Partnership Act, 1932?

7 / 10

What does Section 31 of the Indian Partnership Act, 1932 state regarding the admission of a new partner?

8 / 10

Under Section 30 of the Indian Partnership Act, 1932, which condition must be fulfilled to admit a minor for the benefit of Partnership?

9 / 10

Under Section 31, a person can be admitted as a partner based on which condition?

10 / 10

Which of the following is required for a partner to retire from the firm as per Section 32 of the Indian Partnership Act, 1932?

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