Law of Partnership Question Answer Series 2: Important Questions for Judiciary Exams | Part – II

Legal Bites presents the Law of Partnership Important Question-Answer Series. The questions listed here will help students study for various Competitive and University Exams. Candidates can use Legal Bites' list of questions to help them determine the most important and often asked questions and practice their aptitude and knowledge.

Answering questions is a continuous process that is an inevitable component of any test preparation, as we all know. A well-written response displays not just a candidate's knowledge but also his or her ability to tailor the content to the question's requirements.

It is vital to prepare for this exam to pass it thoroughly. To attain mastery over the subjects studied, applicants only need to keep practising these questions in the months coming up to the examinations. Following it, the candidate's confidence level, as well as their scores, will vastly improve.

Law of Partnership Question Answer Series 2: Important Questions for Judiciary Exams | Part – II

Question 1

Briefly state rights and duties of the Partner inter se, under the Indian Partnership Act. [DJS 2000]

Question 2

Solve the following problem:

A partner of a firm of solicitors borrows Rs. 500 in the name of the firm. Examine the liability of the firm in the light of implied authority of the partners. [UPJS 2006]

Question 3

Can a partner be expelled? [DJS 1999]

Question 4

Comment on the statement that dissolution involves a change in the relation of partners but does not end partnership. [HJS 1988]

Question 5

The Indian Partnership Act has effectively ensured the registration of firms without making it compulsory. Explain. [BJS 1986]

Question 6

Explain the doctrine of 'holding out' as applicable to the law of partnership. [DJS 1999]

Question 7

Write a short note on Compulsory Dissolution of a firm. [HJS 2000]

Question 8

Can unregistered dissolved partnership firm bring a suit for recovery of price of the goods supplied on basis of a contract made before its dissolution? [DJS 1982]

Question 9

A minor who was admitted to the benefits of the partnership in a firm, became major. He did not give public notice of his election within the prescribed time. What will be the consequences of this failure under the Indian Partnership Act, 1932. [RJS 2014, Punj JS 2015]

Question 10

What are the rights and obligations of a retiring partner? Explain in detail. [BJS 2011]

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