Multiple choice

Section 12 (d) of the Indian partnership Act states the right of a partner to access, inspect and have a copy of the books of the firm.

  1. True

  2. False

  3. Partly true

  4. Cannot say

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

Section 12(d) of the Indian Partnership Act 1932 explicitly grants every partner the right to access and inspect the firm's books of account, and to take copies thereof. This right is essential for partners to monitor the firm's financial health and ensure transparency. The answer True is correct because this section precisely establishes these rights.