What should be the minimum number of persons to form a Partnership?, 2, 7, 10, 20, Number of partners in a partnership firm may be :, Maximum Two, Maximum Ten, Maximum One Hundred, Maximum Fifty, Liability of partner is :, Limited, Unlimited, Determined by Court, Determined by Partnership Act, Partnership Deed is also called, Prospectus, Articles of Association, Principles of Partnership, Articles of Partnership, Sacrificing Ratio :, New Ratio – Old Ratio, Old Ratio – New Ratio, Old Ratio – Gaining Ratio, Gaining Ratio – Old Ratio, The excess amount which the firm can get on selling its assets over and above the saleable value of its assets is called, Surplus, Super profits, Reserve, Goodwill, Which of the following is NOT true in relation to goodwill?, It is an intangible asset, It is fictitious asset, It has a realisable value, None of the above, A company has ……………, Separate Legal Entity, Perpetual Existence, Limited Liability, All of the Above, Shareholders are :, Customers of the Company, Owners of the Company, Creditors of the Company, None of these, A Company is created by :, Special act of the Parliament, Companies Act, Investors, Members
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