11th Class Principles of Commerce Chapter 4 Partnership Short Question Preparation


11th Class Principles of Commerce

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11th Class Principles of Commerce Chapter Wise Preparation

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Principle of Commerce (English Medium) - 11th Class Principle of Commerce Chapter 4 Short Questions Preparation

Question # 1

Define senior partner.

  • Ans 1: Senior partner means a partner who has invested large capital and is playing importnat rol ein the manangment accoridng to his ability and experience. His ratio of profit or loss is also more than other partners.
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Prepare Complete Set Wise Questions For Chapter 4 "11th Class Principle of Commerce Chapter 4 Short Questions Preparation "

11th Class Principle of Commerce Chapter 4 Short Questions Preparation - Set 1

Question # 1

Define senior partner.

  • Ans 1: Senior partner means a partner who has invested large capital and is playing importnat rol ein the manangment accoridng to his ability and experience. His ratio of profit or loss is also more than other partners.
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11th Class Principle of Commerce Chapter 4 Short Questions Preparation - Set 2

Question # 1

Define the registration of partnership

  • Ans 1: Registration means a proof of existence of partnership business or firm. The process of recording the name of firm with the registrar of firm is called the registration of firm.
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11th Class Principles of Commerce Chapter 4 Short Questions Preparation

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