Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
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
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
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
If the court declares the bankruptcy of any partner in partnership firm
Question # 2
Active partner in a partnership business:
Question # 3
The minimum number of partnership in a partnership are
Question # 4
The minimum number of partners in banking business are
Question # 5
A non-active partner in a partnership:
Question # 6
In the absence of agreement, a partner receives on extra capital:
Question # 7
When did the partnership business come into being
Question # 8
Registration of the partnership business:
Question # 9
Partnership business is formed under the partnership act
Question # 10
Partnership business as compared to sole tradership
Question # 11
Limited partnership is formed under limited partnership act
Question # 12
In the absence of agreement, what will be the interest rate on extra capital of a partner
Question # 13
The partnership formed for any special project is called:
Question # 14
In the absence of agreement, a partner receives for taking part in business:
Question # 15
The partners who participate in the business but people don't know them are:
11th Principles of Commerce Chapter 4 Test
Here you can prepare 11th Principles of Commerce English Medium Chapter 4 Partnership Test. Click the button for 100% free full practice test.
Top Scorers Of Chapter 4 "Principle of Commerce Icom Part 1 English Medium Chapter 4 Online Test" MCQ`s Test
-
Z Zainab Ali 16 - Dec - 2024 00 Min 55 Sec 15/15 -
A Abrar Moon 11 - May - 2024 05 Min 34 Sec 15/15 -
H Hasnain Asif 30 - Dec - 2024 01 Min 25 Sec 14/15 -
Z Zeeshan Haider 25 - Jun - 2024 01 Min 31 Sec 14/15 -
U Unknown 08 - Jun - 2024 02 Min 20 Sec 14/15 -
F flames love 25 - Sep - 2024 02 Min 21 Sec 14/15 -
F Farman Ameer 20 - Jan - 2025 02 Min 41 Sec 14/15 -
A Anaya Fatima 04 - Jun - 2024 03 Min 18 Sec 14/15 -
Z Zafar Ali 01 - Jun - 2024 00 Min 16 Sec 13/15 -
M M. Faizan wattoo M. Bakhsh zafar 21 - Apr - 2024 00 Min 47 Sec 13/15 -
M Minahil Asif 31 - May - 2024 01 Min 11 Sec 13/15 -
A Arham Khan 08 - Jun - 2024 01 Min 26 Sec 13/15 -
M M.Faizan M.Bakhsh 20 - Apr - 2024 01 Min 58 Sec 13/15 -
G Get n Out Collection 14 - May - 2024 02 Min 08 Sec 13/15 -
H Hamad 06 - Dec - 2024 02 Min 11 Sec 13/15
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Partnership business is formed under the Partnership Act: |
A. 1910
B. 1922
C. 1932
D. 1990
|
| 2 | When did the partnership business come into being |
A. 1872
B. 1880
C. 1892
D. 1902
|
| 3 | A non-active partner in a partnership: |
A. Neither invests nor takes part in the business
B. Doesn't invest buttakes part in the business
C. Invests but doesn'ttake part in the business
D. None of the above
|
| 4 | Age of minor partner is: |
A. 18 years
B. More than 18 years
C. Less than 18 years
D. None of these
|
| 5 | The liability of a partner in partnership is normally: |
A. Limited
B. Unlimited
C. Not at all
D. all the above
|
| 6 | If the court declares the bankruptcy of any partner in partnership firm |
A. The partnership continues
B. The partnership becomes weak
C. The partnership becomes cancels
D. A new partner is admitted
|
| 7 | The minimum number of partnership in a partnership are |
A. Two
B. Four
C. Six
D. Ten
|
| 8 | If any partner is not in a position to compensate the business loss called: |
A. Retired partner
B. Active partner
C. Weak partner
D. Insolvent partner
|
| 9 | In the absence of agreement, a partner receives on extra capital: |
A. Interest
B. No interset
C. More share in profit
D. Salary
|
| 10 | The first payment after dissolution of partnership is made to: |
A. Partners
B. Partners for their debts
C. External creditors
D. None of these
|
Test Questions
