CUET Questions — Business Law

Q21. Consider the facts from the following related to compulsory dissolution of a partnership firm.

Q16. Identify the essential features of partnership. (A) Agreement between persons (B) Partners should carry some Business (C) No restriction on the number of partners (D) Sharing of profits/losses in

Q4. Identify the section of the Indian Partnership Act, 1932, that states that the outgoing partner has an option to receive either interest @ 6% p.a till the date of payment or such share of profits