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Partnership Firm Audit Quiz

Can the partners enter into the contract with the firm?

Generally partnership firm liability is

Partners are of ________ the firm

XYZ private company had reduced to a single member and continued business more than 6 months. The company’s liability will be.

In the case of partnership firm. Audit is

In the case of partnership firm. Audit is

In the case of Company. Audit is

X Company is holding majority of shares in Y company. Will X and Y companies will be the same.

X, is a director of X Company and X is also a director of Y Company this means X Co. and Y Co. both are same

Members of a company can enter contract with the company