Prince and deepak are partners in a firm. Prince worked hard for the firm and that's why he demanded salary. Deepak ws busy in his personal work so he was not able to take part in business activities of firm.
Deepak don't agree with this demand.He insisted that it was not decided in past to give any salary ot any partner.This resulted in a dispute among themselves.There was no way to overcome this dispute.Even none of them can go to court to get some relief legally.Answer the following from the above situation.
1. What type of partners prince and deepak are?
2.
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Anmol goes to State Bank of India to open a savings account there. On visiting the bank, ho
learns that there is a type of bank account which is better than the saving account the specialty
of this account is that as and when he deposited amount in the account exceeds a certain
amount, the amount in excess gets transferred into the fixeddeposit. The interest earned on the
fixed deposit account is more than that on the saving account. This account serves the purpose
of both the savings account and fixed deposit. Anmol gets this account opened.
Name & explain the type of bank account discussed in the above para.
jerte fenery and rower.
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