CUET Preparation Today
| When does the provision of the Indian Partnership Act,1932 come into action in a partnership firm? |
When interest is charged on partners drawings When the capital invested by the partners is unequal When there is a conflict of interest and opinions in a firm When the partnership deed is silent |
| When the partnership deed is silent |
| The Indian Partnership Act,1932 comes into action when there is the absence of a partnership deed in the firm. |
