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  • Question 1
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    A partners current capital a/c can have-

  • Question 2
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    As per section 58 of the Partnership Act, a statement on various matters for registration of the firm is required to be signed by.........

  • Question 3
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    Which of these rights is/are available to a partner in a partnership firm 

  • Question 4
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    What is one of the hardships of a sole proprietorship?

  • Question 5
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    If the remaining partner wants to continue the business, after the retirement of a partner, a new partnership agreement is  ______.

  • Question 6
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    A, B, C, and D are partners A retires, B dies, the status of partnership ______.

  • Question 7
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    Looking at the below mentioned options one of the advantages of a partnership form of business organization is that _______.

  • Question 8
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    The partnership may come to an end due to the _________.

  • Question 9
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    What is one of the best advantages of proprietorship?

  • Question 10
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    Limited liability partnership possesses not more than 2 of the following character.
    1. Limited liability
    2. Raise funds from public
    3. No separation of management from owners
    4. No Restriction on number of partners.

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