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  3. 12th Class
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  5. Fundamentals of Partnership

12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm : Fundamental

  • question_answer
    A charitable dispensary is run by 8 members. A new member wants to join them. The new member is of the opinion that partnership deed must be written while other members refused to do that. They said this is not a partnership. Give reason(s) in favour of other members.

    A) There is no business

    B) There is no sharing of profits

    C) There is no motive of profit making

    D) All of the above

    Correct Answer: D

    Solution :

    [d] All of the above


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