1 Legal Characteristics questions from CUET Accountancy 2025 14 May Shift 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Legal Characteristics โ CUET Accountancy 2025 14 May Shift 2(1โ1 of 1)
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Q1mediummcqAccountancyCUET Accountancy 2025 14 May Shift 22026
Which combination of the given statements is correct regarding partnership regulations and structures?(A) A valid partnership can be formulated even without a written agreement between the partners.(B) Methods of settlement of disputes among the partners cannot be a part of the partnership deed.(C) If the deed is silent, interest at the rate of 6% p.a. would be charged on the drawings made by a partner.(D) Each partner carrying on the business acts as a principal as well as an agent for all the other partners.Choose the correct answer from the options given below: