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    Forms of Business Organization
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    In a partnership organization, every partner is
    • Only an agent of a firm
    • Only the owner of a firm
    • Both owner and agent of a firm
    • Appoints both owner and agent of a firm

    C.

    Both owner and agent of a firm
    69 Views
    Answer
    Who issues certificate of registeration to a firm?
    • Central Government
    • State Government
    • Registrar of Firms
    • Municipal Corporation

    C.

    Registrar of Firms
    97 Views
    Answer
    Name the partner, who neither contributes any capital nor takes active interest in the routine working of the firm, but only give his/her name for the goodwill of a partnership firm.
    • Nominal Partner
    • Sleeping Partner
    • Partner by Estoppel
    • Minimal Partner

    A.

    Nominal Partner
    81 Views
    Answer
    What is the liability of minor partner?
    • No liability
    • Unlimited Liability
    • Limited LIability
    • None of the above

    C.

    Limited LIability
    161 Views
    Answer
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    Which of the following does not come under the category of a complete partner?
    • Nominal partner by holding out
    • Sleeping Partner
    • Active Partner
    • Secret Partner

    A.

    Nominal partner by holding out
    88 Views
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