First Year Principles of Commerce Chapter 4 Online MCQ Test for 1st Year Principles of Commerce Chapter 4 (Partnership)

This online test contains MCQs about following topics:

Introduction and definiation characteristicsm merits and demerits of partnership . Kinds of partnership . Partnership deed and its contents . Rules applicable in the absence of partnership deed . Duties, rights and liabilities of partnership . Kinds of partners . Dissolution of partnership firm . Distribution of firm's assets

ICOM Part 1 Commerce Ch. 4 Test
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MCQ's Test For Chapter 4 "Principle of Commerce Icom Part 1 English Medium Chapter 4 Online Test"

Try The MCQ's Test For Chapter 4 "Principle of Commerce Icom Part 1 English Medium Chapter 4 Online Test"

  • Total Questions15

  • Time Allowed20

Principle of Commerce Icom Part 1 English Medium Chapter 4 Online Test

00:00
Question # 1

In the absence of agreement, a partner receives for taking part in business:

Question # 2

Age of minor partner is:

Question # 3

The best form of a partnership deed is

Question # 4

Active partner in a partnership business:

Question # 5

In the absence of agreement, a partner receives on extra capital

Question # 6

Partnership business as compared to sole tradership

Question # 7

Registration of the partnership business:

Question # 8

At least how many partners should have a limited liability in a limited partnership:

Question # 9

The best form of a partnership deed is:

Question # 10

The partners who participate in the business but people don't know them are:

Question # 11

At least how many partners should have a limited liability in a limited partnership

Question # 12

The liability of a partner in partnership is normally:

Question # 13

In the absence of agreement, what will be the interest rate on extra capital of a partner:

Question # 14

Partnership deed can be:

Question # 15

The first payment after dissolution of partnership is made to:

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