Partnership — Important Questions
ICSE · Class 9 · Commercial Studies
54 important questions from Partnership for ICSE Class 9 Commercial Studies, with answers. Part of the ICSE Class 9 Commercial Studies syllabus.
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Important Questions from Partnership
Which of the following is a necessary condition for partnership?
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Two or more persons
A partnership needs at least two persons.
What is the maximum number of partners in a partnership as per Rule 10 of the Companies Miscellaneous Rule 2014?
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50
The maximum number of partners is 50.
Which statement about partnership agreement is correct?
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It may be oral or in writing
A partnership agreement may be oral or in writing.
What must a partnership agreement satisfy?
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Essentials of a valid contract
A partnership agreement must satisfy the essentials of a valid contract.
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