Multiple choice

Section 12 (b) of the Indian partnership Act states the duty of the partner to attend diligently to his duties.

  1. True

  2. False

  3. Partly true

  4. Cannot say
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Section 12(b) of the Indian Partnership Act 1932 imposes a duty on every partner to attend diligently to their responsibilities in the firm. This means partners must actively participate and put in genuine effort, not just be sleeping partners unless that's the agreed arrangement. Diligence is a core obligation. The answer True is correct because this section mandates diligent attention to duties.

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