Multiple choice

Section 12 (ca) of the Indian partnership Act states the right of a partner to be consulted.

  1. True

  2. False

  3. Partly true

  4. Cannot say

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Section 12(ca) of the Indian Partnership Act 1932 enumerates the rights of partners, including the right to be consulted on all matters affecting the firm's business. This ensures participatory management and respects each partner's stake in the enterprise. The answer True is correct because consultation is a fundamental partner right.