Unit 4

Chapter 4

Implied Authority, Incoming & Outgoing Partners

āĻ…āύ্āϤ⧰্āύিāĻšিāϤ āϕ⧰্āϤৃāĻĒāĻ•্āώ, āφāĻ—āϤীāϝ়া āφ⧰ু āĻŦāĻšিā§°্āĻ—াāĻŽী āĻ…ংāĻļীāĻĻাā§°

Questions

āĻĒ্ā§°āĻļ্āύāϏāĻŽূāĻš

MULTIPLE CHOICE QUESTIONS

āĻāĻ•াāϧিāĻ• āĻŦিāĻ•āϞ্āĻĒāĻĒ্ā§°āĻļ্āύ 1. Authority includes:

1. āϕ⧰্āϤৃāĻĒāĻ•্āώāχ āĻ…āύ্āϤ⧰্āĻ­ুāĻ•্āϤ āϕ⧰ে:

(a) power granted (b) express authority

(c) implied authority (d) all of the above

(e) None of the above

(āĻ•) āĻĒ্ā§°āĻĻাāύ āϕ⧰া āĻ•্āώāĻŽāϤা (āĻ–) āĻĒ্ā§°āĻ•াāĻļ āϕ⧰্āϤৃāϤ্āĻŦ (āĻ—) āĻ“āĻĒā§°োāĻ•্āϤ āϏāĻ•āϞোāĻŦোā§° āĻ…āύ্āϤ⧰্āύিāĻšিāϤ āϕ⧰্āϤৃāĻĒāĻ•্āώ (āϘ) (āĻ™) āĻ“āĻĒā§°ā§° āĻ•োāύোāϟো āύāĻšāϝ়

Ans: (d) all of the above

āωāϤ্āϤ⧰: (āϘ) āĻ“āĻĒā§°োāĻ•্āϤ āϏāĻ•āϞোāĻŦোā§°


2. Implied Authority is

2. āĻ…āύ্āϤ⧰্āύিāĻšিāϤ āϕ⧰্āϤৃāĻĒāĻ•্āώ āĻšৈāĻ›ে

(a) Inferred from the circumstances of case (b) Inferred from the conduct of the partners

(c) Expressed specifically in contract (d) Both (a) and (b) (e) Both (b) and (c)

(āĻ•) āĻ•েāϛ⧰ āĻĒā§°িāϏ্āĻĨিāϤিā§° āĻĒā§°া āĻ…āύুāĻŽাāύ āϕ⧰া (āĻ–) āĻ…ংāĻļীāĻĻাā§°āϏāĻ•āϞ⧰ āφāϚ⧰āĻŖā§° āĻĒā§°া āĻ…āύুāĻŽাāύ āϕ⧰া āĻšৈāĻ›ে (āĻ—) āϚুāĻ•্āϤিāϤ āĻŦিāĻļেāώāĻ­াā§ąে āĻĒ্ā§°āĻ•াāĻļ āϕ⧰া (āϘ) (āĻ•) āφ⧰ু (āĻ–) āĻĻুāϝ়োāϟা (āĻ™) (āĻ–) āφ⧰ু (āĻ—) āĻĻুāϝ়োāϟা

Ans: (d) Both (a) and (b)

āωāϤ্āϤ⧰: (āϘ) āĻĻুāϝ়োāϟা (āĻ•) āφ⧰ু (āĻ–)


3. Relations of partners to third parties is based on

3. āϤৃāϤীāϝ় āĻĒāĻ•্āώ⧰ āϏৈāϤে āĻ…ংāĻļীāĻĻাā§°ā§° āϏāĻŽ্āĻĒā§°্āĻ• ā§° āĻ“āĻĒā§°āϤ āφāϧাā§°িāϤ

(a) Principle of Guarantee (b) Principle of Faith (c) Principle of Agency (d) All of the above

Ans: (c) Principle of Agency


FILL IN THE BLANKS

āĻ–াāϞী āĻ াāχāĻŦোā§° āĻĒূā§°āĻŖ āϕ⧰āĻ• 1. The authority conferred on a partner by the provisions of section 19 of the Partnership Act is called as _______ authority. [Express/Implied]

1. āĻ…ংāĻļীāĻĻাā§°ী āφāχāύ⧰ āϧাā§°া 19-ā§° āĻŦিāϧাāύ⧰ āĻĻ্āĻŦাā§°া āĻ…ংāĻļীāĻĻাā§°āĻ• āĻĒ্ā§°āĻĻাāύ āϕ⧰া āϕ⧰্āϤৃāϤ্āĻŦāĻ• _______ āĻŦুāϞি āĻ•োā§ąা āĻšāϝ়। āϕ⧰্āϤৃāϤ্āĻŦ। [āĻāĻ•্āϏāĻĒ্ā§°েāĻ›/āχāύāĻŽেāϟেāĻĄ]

Ans: (1) Implied

āωāϤ্āϤ⧰: (1) āĻ…āύ্āϤ⧰্āύিāĻšিāϤ

 

2. Nature of business decides the scope of _______ authority of partners. [Express/Implied]

2. āĻŦ্āĻ¯ā§ąāϏাāϝ়ā§° āĻĒ্ā§°āĻ•ৃāϤিāϝ়ে _______ ā§° āĻĒā§°িāϏ⧰ āύিā§°্āϧাā§°āĻŖ āϕ⧰ে। āĻ…ংāĻļীāĻĻাā§°ā§° āϕ⧰্āϤৃāϤ্āĻŦ।  [āĻāĻ•্āϏāĻĒ্ā§°েāĻ›/āχāύāĻŽেāϟেāĻĄ]

Ans: (2) Implied

āωāϤ্āϤ⧰: (2) āĻ…āύ্āϤ⧰্āύিāĻšিāϤ


3. For acts done by any partner, _______ is liable towards the third party. [Partner/Whole firm]

3. āϝিāĻ•োāύো āϏāĻ™্āĻ—ীā§° āĻĻ্āĻŦাā§°া āϕ⧰া āĻ•াāĻŽā§° āĻŦাāĻŦে, _______ āϤৃāϤীāϝ় āĻĒāĻ•্āώ⧰ āĻĒ্ā§°āϤি āĻĻাāϝ়āĻŦāĻĻ্āϧ। [āĻ…ংāĻļীāĻĻাā§°/āϏāĻŽ্āĻĒূā§°্āĻŖ āĻĢাā§°্āĻŽ]

Ans: (3) Whole firm

āωāϤ্āϤ⧰: (3) āϏāĻŽ্āĻĒূā§°্āĻŖ āĻĢাā§°্āĻŽ


4. Notice to a partner serves as a notice to ________. [Partner only/Firm]

4. āĻāϜāύ āϏāĻ™্āĻ—ীāĻ• āϜাāύāύী āĻĻিāϝ়াāϟোā§ąে __ [āĻ•েā§ąāϞ āĻ…ংāĻļীāĻĻাā§°/āĻĢাā§°্āĻŽ]

Ans: (4) Firm

āωāϤ্āϤ⧰: (4) āĻĢাā§°্āĻŽ


5. ________ is liable for money applied by a partner. [Partner/Firm]

5. ________ āĻāϜāύ āĻ…ংāĻļীāĻĻাā§°ā§° āĻĻ্āĻŦাā§°া āĻĒ্ā§°āϝ়োāĻ— āϕ⧰া āϧāύ⧰ āĻŦাāĻŦে āĻĻাāϝ়āĻŦāĻĻ্āϧ।  [āĻ…ংāĻļীāĻĻাā§°/āĻĢাā§°্āĻŽ]

Ans: (5) Firm

āωāϤ্āϤ⧰: (5) āĻĢাā§°্āĻŽ


TRUE/FALSE

āϏāϤ্āϝ/āĻŽিāĻ›া 1. In case of a trading firm a partner cannot borrow money on behalf of the firm.

1. āĻŦ্āĻ¯ā§ąāϏাāϝ়িāĻ• āĻĒ্ā§°āϤিāώ্āĻ াāύ āĻāϟাā§° āĻ•্āώেāϤ্ā§°āϤ āĻ…ংāĻļীāĻĻাā§°ে āĻĢাā§°্āĻŽā§° āĻšৈ āϟāĻ•া āϧাā§° āϞ'āĻŦ āύোā§ąাā§°ে। 

Ans: (1) False

āωāϤ্āϤ⧰: (1) āĻŽিāĻ›া


2. A new partner can be admitted to the firm with the consent of all partners.

2. āϏāĻ•āϞো āĻ…ংāĻļীāĻĻাā§°ā§° āϏāύ্āĻŽāϤিāϤ āĻĢাā§°্āĻŽāϤ āĻāϜāύ āύāϤুāύ āĻ…ংāĻļীāĻĻাā§° āĻ­ā§°্āϤি āϕ⧰িāĻŦ āĻĒাā§°ি।

Ans: (2) True

āωāϤ্āϤ⧰: (⧍) āϏঁāϚা


3. A minor can only be admitted to the benefits of partnership,

3. āĻāϜāύ āύাāĻŦাāϞāĻ•āĻ• āĻ•েā§ąāϞ āĻ…ংāĻļীāĻĻাā§°িāϤ্āĻŦā§° āϞাāĻ­াāϞাāĻ­ā§° āĻŦাāĻŦে āĻšে āĻ­ā§°্āϤি āϕ⧰িāĻŦ āĻĒাā§°ি,

Ans: (3) True

āωāϤ্āϤ⧰: (3) āϏঁāϚা


4. The liability of a new partner commences from the date of establishment of firm.

4. āύāϤুāύ āĻ…ংāĻļীāĻĻাā§° āĻāϜāύ⧰ āĻĻাāϝ়āĻŦāĻĻ্āϧāϤা āĻĢাā§°্āĻŽ āϏ্āĻĨাāĻĒāύ⧰ āϤাā§°িāĻ–ā§° āĻĒā§°া āφ⧰āĻŽ্āĻ­ āĻšāϝ়।

Ans: (4) False

āωāϤ্āϤ⧰: (4) āĻŽিāĻ›া


SHORT QUESTIONS

āϚāĻŽু āĻĒ্ā§°āĻļ্āύ

1. Write a brief note on minor as a partner.

1. āϏāĻ™্āĻ—ী āĻšিāϚাāĻĒে āύাāĻŦাāϞāϕ⧰ āĻ“āĻĒā§°āϤ āĻāϟা āϚāĻŽু āϟোāĻ•া āϞিāĻ–āĻ•।

Ans:

2. Who is an outgoing partner?

2. āĻāϜāύ āĻŦāĻšিā§°্āĻ—াāĻŽী āĻ…ংāĻļীāĻĻাā§° āĻ•োāύ?

Ans:

3. How can a new partner be admitted to an already existing partnership firm?

3. āχāϤিāĻŽāϧ্āϝে āĻŦিāĻĻ্āϝāĻŽাāύ āĻ…ংāĻļীāĻĻাā§°ী āĻĒ্ā§°āϤিāώ্āĻ াāύ āĻāϟাāϤ āύāϤুāύ āĻ…ংāĻļীāĻĻাā§° āĻāϜāύāĻ• āĻ•েāύেāĻ•ৈ āĻ­ā§°্āϤি āϕ⧰িāĻŦ āĻĒাā§°ি?

Ans:

4. Write a note on liability of an expelled partner.

4. āĻŦāĻšিāώ্āĻ•ৃāϤ āϏāĻ™্āĻ—ীā§° āĻĻাāϝ়āĻŦāĻĻ্āϧāϤাā§° āĻ“āĻĒā§°āϤ āĻāϟা āϟোāĻ•া āϞিāĻ–āĻ•।

Ans:

LONG QUESTIONS

āĻĻীāϘāϞীāϝ়া āĻĒ্ā§°āĻļ্āύ

1. What are the consequences of retirement of a partner?

1. āĻāϜāύ āϏāĻ™্āĻ—ীā§° āĻ…ā§ąāϏ⧰⧰ āĻĒā§°িāĻŖাāĻŽ āĻ•ি?

Ans: 2. Explain the rights of an outgoing partner.

2. āĻāϜāύ āĻŦāĻšিā§°্āĻ—াāĻŽী āĻ…ংāĻļীāĻĻাā§°ā§° āĻ…āϧিāĻ•াā§° āĻŦ্āϝাāĻ–্āϝা āϕ⧰āĻ•।

Ans: 3. Explain the Doctrine of Implied Authority.

ā§Š. āĻ…āύ্āϤ⧰্āύিāĻšিāϤ āϕ⧰্āϤৃāĻĒāĻ•্āώ⧰ āĻŽāϤāĻŦাāĻĻāĻŦā§°্āĻŖāύা āϕ⧰āĻ•।

Ans: 4. Discuss the restrictions imposed on the implied authority of a partner under Partnership Act.

4. āĻ…ংāĻļীāĻĻাā§°ী āφāχāύ⧰ āĻ…āϧীāύāϤ āĻ…ংāĻļীāĻĻাā§°ā§° āĻ…āύ্āϤ⧰্āύিāĻšিāϤ āϕ⧰্āϤৃāϤ্āĻŦā§° āĻ“āĻĒā§°āϤ āφ⧰োāĻĒ āϕ⧰া āĻĒ্ā§°āϤিāĻŦāύ্āϧāĻ•āϤাāĻŦোā§° āφāϞোāϚāύা āϕ⧰āĻ•।

Ans: 5. Discuss the effect of implied authority on the third parties.

5. āϤৃāϤীāϝ় āĻĒāĻ•্āώ⧰ āĻ“āĻĒā§°āϤ āĻ…āύ্āϤ⧰্āύিāĻšিāϤ āϕ⧰্āϤৃāϤ্āĻŦā§° āĻĒ্ā§°āĻ­াā§ąāφāϞোāϚāύা āϕ⧰āĻ•।

Ans:



Post Id: DABP003562