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February 20, 2020 at 6:51 am
Hi , Sir. In Q.no. 5 , why option 2 is correct? ( isn’t it is similar to the division of profit as present in notes for creating partnership?)
And also , In Q.no. 6, I think there should be multiple correct answer i.e. insanity of a partner also.
March 26, 2019 at 2:35 am
Hello John, In Q1/2 why there is ‘no extent of liability?
Would it not be to the amount of capital injected or net assets?
January 30, 2019 at 9:45 am
Hi. Please explain why the answer to the last question is: there shall be at least one member with unlimited liability. I thought that was LP and not LLP ??
January 30, 2019 at 9:46 am
Sorry I meant why is not the correct answer??
January 30, 2019 at 1:01 pm
Thanks for pointing this out – I shall get it corrected.
November 12, 2018 at 7:59 am
Hi – the answer given is incorrect – I’ll get it changed
The correct answer should be “relationship, subsists”
Thanks for pointing this out
November 5, 2018 at 8:25 pm
Just wanted to clarify – In the lecture it says a partnership is “a relationship that subsists…..”, but in the questions the correct answer is “situation that subsists”. Which is the right answer?
November 11, 2018 at 12:47 am
i am wondering the same.
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