What do you mean by Particular Partnership under the Indian Partnership Act, 1932? OR (ii) Who...
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What do you mean by "Particular Partnership" under the Indian Partnership Act, 1932? OR (ii) Who is a nominal partner under the Indian Partnership Act, 1932? What are his liabilities? (b) "Business carried on by all or any of them acting for all." Discuss the statement under the Indian Partnership Act, 1932. (c) Mr. B makes a proposal to Mr. S by post to sell his house for 10 lakhs and posted the letter on 10th April 2020 and the letter reaches to Mr. S on 12th April 2020. He reads the letter on 13th April 2020. Mr. S sends his letter of acceptance on 16th April 2020 and the letter reaches Mr. B on 20th April 2020. On 17th April Mr. S changed his mind and sends a telegram withdrawing his acceptance. Telegram reaches to Mr. B on 19th April 2020. Examine with reference to the Indian Contract Act, 1872: (i) On which date, the offer made by Mr. B will complete? (ii) Discuss the validity of acceptance. (iii) What would be validity of acceptance if letter of revocation and letter of acceptance reached together? What do you mean by "Particular Partnership" under the Indian Partnership Act, 1932? OR (ii) Who is a nominal partner under the Indian Partnership Act, 1932? What are his liabilities? (b) "Business carried on by all or any of them acting for all." Discuss the statement under the Indian Partnership Act, 1932. (c) Mr. B makes a proposal to Mr. S by post to sell his house for 10 lakhs and posted the letter on 10th April 2020 and the letter reaches to Mr. S on 12th April 2020. He reads the letter on 13th April 2020. Mr. S sends his letter of acceptance on 16th April 2020 and the letter reaches Mr. B on 20th April 2020. On 17th April Mr. S changed his mind and sends a telegram withdrawing his acceptance. Telegram reaches to Mr. B on 19th April 2020. Examine with reference to the Indian Contract Act, 1872: (i) On which date, the offer made by Mr. B will complete? (ii) Discuss the validity of acceptance. (iii) What would be validity of acceptance if letter of revocation and letter of acceptance reached together?
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Related Book For
Cost Management Accounting and Control
ISBN: 978-0324559675
6th Edition
Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan
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