Partnership — Practice Quiz
ICSE · Class 9 · Commercial Studies
Try a 4-question quiz on Partnership for ICSE Class 9 Commercial Studies: tap an answer to check it and see why. 54 questions in the full chapter test.
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Quick Quiz: Partnership
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What is partnership?
Who are the persons who enter into a partnership called?
What is the collective name for the partners in a business?
What is the name under which partners carry on business?
Sample Questions
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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