[{"id":244236,"question":"In the absence of an agreement partners shall","choices":[{"text":"Be paid salaries","value":"A"},{"text":"Not to be paid the salaries","value":"B"},{"text":"Be paid salaries by the consent of the pariners","value":"C"},{"text":"Be paid salaris to thos who worked for the firm","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244235,"question":"Capital of the partners are maintained under.","choices":[{"text":"Fixed capital method","value":"A"},{"text":"Fluctuating method","value":"B"},{"text":"By any two of the above","value":"C"},{"text":"None of the above","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244234,"question":"A paatner who invests capital inthe business but does not take active part in the conduct of the business is called.","choices":[{"text":"Active partner","value":"A"},{"text":"Sleeping partner","value":"B"},{"text":"Secrete partner","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244233,"question":"Investment in partnership is made byintroducing.","choices":[{"text":"Cash","value":"A"},{"text":"Non cash assets","value":"B"},{"text":"Cash or non cash assets","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244232,"question":"In the absence of an agreemetn, interest on loan advanced by the partner to the firm is allowd at the rate of.","choices":[{"text":"5 persent","value":"A"},{"text":"6 persent","value":"B"},{"text":"8 persent","value":"C"},{"text":"9 persent","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244231,"question":"In the absence of an partnership agreement the pfofit and losses are divided by the partners in the ratio of.","choices":[{"text":"Capitals","value":"A"},{"text":"Profit and loss ratios","value":"B"},{"text":"Equality","value":"C"},{"text":"Time devoted by each partner","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244230,"question":"A partner who is newly admitted to the firm with the consent of all the parties is called.","choices":[{"text":"Salaried partner","value":"A"},{"text":"Incoming partner","value":"B"},{"text":"Junior partner","value":"C"},{"text":"Minor partner","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244229,"question":"A partner, who hasnot attained the age of majority is called.","choices":[{"text":"Junior partner","value":"A"},{"text":"Minor partner","value":"B"},{"text":"Nominal patner","value":"C"},{"text":"Quasi Partner","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244228,"question":"A partner does not take an acitive partner is the managment firm is called.","choices":[{"text":"Active partner","value":"A"},{"text":"Sinior partner","value":"B"},{"text":"Darment of sleeping partner","value":"C"},{"text":"Nominal partner","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":244227,"question":"A person whoinvest the minor portion of capital in the business and so he has small share in the profit is called.","choices":[{"text":"Senior partner","value":"A"},{"text":"Junior partner","value":"B"},{"text":"quast partner","value":"C"},{"text":"Nominal patner","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":244226,"question":"A paartner who have a major investment in the firm and receive a relatively more profit is called.","choices":[{"text":"Sleeping partner","value":"A"},{"text":"Darment partner","value":"B"},{"text":"Senior partner","value":"C"},{"text":"Estoppels partner","value":"D"},{"value":"E"}],"correctAnswer":3}]