Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Law Officer Definition, Meaning and Nature of Partnership Indian Partnership Act, 1932
Which of the following are false?
A. Partners are not bound to carry on the business of the firm to the greatest common advantage
B. Where a partner is entitled to interest on capital subscribed by him, such interest shall be payable whether or not there are profits
C. An outgoing partner has a right to claim a share in the profits of the firm till his account is finally settled
D. A partner may be expelled from the firm only with the consent of all other partners
1
A, B, D only
2
A, C, D only
3
B, D, C only
4
C, D only