Q.In a partnership firm, the difference of opinion over some ‘fundamental matter’ can be settled:
(a)All the partners
(b)Majority of partners
(c)Senior partners
(d)Managing partner.
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(A) all the partners. Is an answer
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Answer:
Explanation:
Answer is (a)
Any ordinary decision in partnership firm is taken by majority of partners.if the decision is of fundamental nature there should be consent of all the partners.
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