Match the Following : (i) Actual Partner (a) Lends his name to the firm, without any real interest. (ii) Sleeping Partner (b) Need not give public notice of his retirement. (iii) Nominal Partner (c) Third-person with whom a partner agrees to share his profits. (iv) Sub Partner (d) Takes active part in the conduct of business.

Correct Answer is : iiiiiiivdbac

\table \i,\ii,\iii,\iv;\b,\c,\a,\d

\table \i,\ii,\iii,\iv;\d,\b,\a,\c

\table \i,\ii,\iii,\iv;\a,\b,\c,\d

\table \i,\ii,\iii,\iv;\d,\a,\b,\c

CA CPT Model Test Paper 13 with solutions for online practice

Question : 70 of 200

Marks: +1, -0

Match the Following :

(i) Actual Partner	(a) Lends his name to the firm, without any real interest.
(ii) Sleeping Partner	(b) Need not give public notice of his retirement.
(iii) Nominal Partner	(c) Third-person with whom a partner agrees to share his profits.
(iv) Sub Partner	(d) Takes active part in the conduct of business.

Go to Question:

Prev Question

Next Question