Where the partnership Act is silent on any point or provision, the general principles of the law of Contract apply.
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- Section 6 of the partnership Act states that the relationship arises from the contract and not from status.
- If the partnership deed is silent about particular point, provisions of the ___________ will apply.
- Section 27 of the partnership Act states the liability of the firm for the misapplication by the partners.
- Section 26 of the partnership Act states the liability of the firm wrongful acts of a partner.
- Section 69 of the partnership act deals with the effect of non registration of firms.
- The foundation of a partnership is contract which may be express or implied.
- Mutual rights and duties of the partners of a firm may be determined by the contract between the partners.
- Law relating to sale of goods is contained in the sale of Goods Act 1930.