Podcast
Questions and Answers
What is a key requirement for the formation of a partnership?
What is a key requirement for the formation of a partnership?
- Having an agreement between two or more persons (correct)
- Having a large amount of capital
- Having a written partnership deed
- Having a common business goal
In a partnership, how is the liability of each partner defined?
In a partnership, how is the liability of each partner defined?
- Each partner is not liable for any acts of the firm
- Each partner is jointly and severally liable with all other partners (correct)
- Each partner is liable separately to the third party
- Each partner is liable only for his own acts
What role does each partner play in a partnership in terms of agency?
What role does each partner play in a partnership in terms of agency?
- Each partner is not involved in agency relationships
- Each partner can never bind other partners by his acts
- Each partner is the principal and agent for all other partners (correct)
- Each partner is only an agent for the other partners
What is the purpose of a Partnership Deed?
What is the purpose of a Partnership Deed?
What are some of the contents typically found in a Partnership Deed?
What are some of the contents typically found in a Partnership Deed?
എന്താണ് പാർട്നർഷിപ്പ് സ്ഥാപിക്കാൻ ആവശ്യമായ ഒരു മുഖ്യ ആവശ്യം?
എന്താണ് പാർട്നർഷിപ്പ് സ്ഥാപിക്കാൻ ആവശ്യമായ ഒരു മുഖ്യ ആവശ്യം?
എക്കും ഒരു പാർട്നർ ആ വ്യാപാർ ചെയ്യേ കൂട്ടേ?
എക്കും ഒരു പാർട്നർ ആ വ്യാപാർ ചെയ്യേ കൂട്ടേ?