type of Customers,prop,partnership

A partnership firm having 2 partners stands dissolved on.

• death of a partner.

    

    

• retirement of a partner.

• All of these

• insolvency of a partner.

This type of partnership forms for a definite period. After the expiry of this period, either the business will dissolve. 

• Particular Partnership

• Partnership for a Fixed Period

• Partnership at will

• General Partnership

A firm has Ram, Hari and shyam as partners of which either Ram or Hari alone are authorized to operate the bank account.  Ram issues a cheque and Hari instructs the bank to stop payment of the same.  we can.

• not stop payment unless all the three partners give in writing.

•  not stop payment till both Ram and Hari give in writing.

•   none of these

•  comply with his order as any one partner can stop payment of a cheque

Under the present law sec 464 of companies act 2013, maximum number of partners in a partnership firm doing business

• 100

• 25

• 15

• 10

Which of the following accounts should not be opened for a minor?

• a recurring deposit account.

• a current account.

• a term deposit account.

• a savings account.

A literate minor can be allowed: to open and operate his independent savings account when.

•   14 years.

• 12 years.

•   any one of these in bank ‘s discretion.

•   10 years.

The Liability of the proprietor in a sole proprietorship is

• Restricted

• Limited

• Unlimited

• Any of these

A partnership concern can be created by.

  oral agreement.

  written agreement.

  either Option A. or Option B.

only after registration with Registrar of Firms

• only after registration with Registrar of Firms

• oral agreement.

   

•  written agreement.

• either Option 2. or Option 3.

The details of the written agreement between the partners are contained in.

  

  

• mandate submitted to the banker.

• partnership deed.

• memorandum of association.

•   articles of association.

In case HUF account who can be a Karta

• Eldest Male coparcerner

• Eldest Coparcerner

• Any Coparcerner

• Any member