The liability of each partner is limited to his agreed contribution in the Limited Liability
Partnership.

1 Answer

Answer :

TRUE

Related questions

Description : The liability of each partner is limited to his agreed contribution in the Limited Liability Partnership.

Last Answer : TRUE

Description : Every partner of a limited liability partnership must have a minimum of Contribution of Rs. 1 Lakh.

Last Answer : FALSE

Description : Every partner of a limited liability partnership must have a minimum of Contribution of Rs. 1 Lakh

Last Answer : FALSE

Description : LLP is governed by a) Partnership Act , 1932 b) Companies Act , 1956 c) Limited Liability Partnership Act , 2008 d) Companies Act , 2013

Last Answer : c) Limited Liability Partnership Act , 2008

Description : At least of the designated partners of every limited liability partnership shall be a resident in India. a) One b) Two c) Three d) Seven

Last Answer : c) Three

Description : Every Limited Liability Partnership must have at least two partners but there is no maximum limit on the numbers of partners.

Last Answer : TRUE

Description : A past member is not liable to make a contribution if liability was contracted after he ceased to be a member.

Last Answer : TRUE

Description : The underwriters may be individuals , partnership firms or joint stock companies.

Last Answer : TRUE

Description : A LLP is a new form of legal business entity with unlimited liability.

Last Answer : FALSE

Description : A LLP is a new form of legal business entity with unlimited liability.

Last Answer : FALSE

Description : Liability for compensation under Workmen’s Compensation Act is treated a) Secured creditor b) Preferential creditor c) Over – riding preferential creditor d) Unsecured creditor

Last Answer : Over – riding preferential creditor

Description : The contingent liability denominated in foreign currency at the balance sheet date is disclosed by using the ____________ rate.

Last Answer : Closing

Description : ___________ value is the amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm‟s length transaction.

Last Answer : Fair,

Description : The contingent liability denominated in foreign currency at the balance sheet date is disclosed by using the __________ (a) Average Rate (b) Closing Rate (c) Non-monetary Rate (d) Monetary Rate

Last Answer : Closing

Description : Exchange rate is the rate at which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm’s length transaction.

Last Answer : FALSE

Description : When the purchasing company does not take over a particular liability and the vendor company pays that liability, it will debit it to______ (A) Realisation Account (B) Bank Account (D) Liability Account (D) Creditors Account

Last Answer : (A) Realisation Account

Description : Insolvency of a partner of LLP automatically results in its dissolution.

Last Answer : Insolvency of a partner of LLP automatically results in its dissolution.

Description : Company incorporated outside India can become a partner in a LLP.

Last Answer : TRUE

Description : Every partner is required to contribute towards the LLP in some manner as specified in LLP agreement.

Last Answer : TRUE

Description : Insolvency of a partner of LLP automatically results in its dissolution.

Last Answer : TRUE

Description : Company incorporated outside India can become a partner in a LLP.

Last Answer : TRUE

Description : Every partner is required to contribute towards the LLP in some manner as specified in LLP agreement.

Last Answer : TRUE

Description : Intrinsic value of each equity shares of the vendor company is Rs. 250 and that of the purchasing company is Rs. 400. The exchange ratio of shares on the basis of intrinsic value is - (A) 2:1 (B) 8:8 (C) 8:5 (D) None of the above

Last Answer : (C) 8:5

Description : Net Assets of D.Co. for Purchase Consideration worth Rs. 4,00,000. At the time of absorption, the company has paid 32,000 equity shares each of Rs.10 each at 10% premium, then remaining cash will be - (A) Rs. 48,000 (B) Rs. 84,000 (C) Rs. 80,000 (D) Rs. 90,000

Last Answer : (A) Rs. 48,000

Description : old, black macule on his back with irregular border and color variation : - Sq cell carcinoma - Basal cell carcinoma - Melanoma - Acanthic keratosis

Last Answer : Melanoma

Description : months old baby brought by his parents complaining of abd. distention bilious vomiting, constipation, the parents informed that the constipation has been an issue since his birth what is the single diagnostic investigation to do ??barium enema pain xray ??metery rectal examination

Last Answer : barium enema

Description : years old male complaining from scaly lesion in his chest , then become hypopigmented , last 2 months in winter he spend his time neat to sea, by examination showed hypopigmented lesion over chest & arms Dx : Vitiligo taenia versicolor

Last Answer : taenia versicolor

Description : yr-old baby presented with his parents with pallor his HB is 9, he has microcytic hypochromic anemia, no other complain .. what u'll do for him ?? iron therapy and close observation daily multivitamins with iron _______________________________

Last Answer : iron therapy and close observation daily multivitamins with iron ___________________________________

Description : You received a call from a father how has a son diagnosed recently with DM-I for six months, he said that he found his son lying down unconscious in his bedroom, What you will tell him if he is ... Give him his usual dose of insulin d. Give him IM Glucagone e. Give him Sugar in Fluid per oral

Last Answer : Give him IM Glucagone

Description : -yr old sustained trauma to the chest present with severe short of breath with cyanosis, his rt lung is silent with hyperresonance. The FIRST step to treat this pt: a. O2 mask b. Tube thoracostomy c. CXR _______________

Last Answer : a. O2 mask

Description : ibuprofen is contraindicated in -htn -dm -peptic ulcer

Last Answer : peptic ulcer

Description : best test to detect age of gestation is -LMP -U.S.

Last Answer : U.S.

Description : Most benign cause of postmenopausal bleeding Cervical polyp Atrophic vaginitis 112-Pt came by hx os sudden eye pain burning vision photophobia and by ex. Small pupil and keretic cell on cornea and cell in humorus Ttt Cyclospoine + corticosteroid

Last Answer : Cyclospoine + corticosteroid

Description : CHILD with eczema on 1% hydrocortisone what other medication u can add Dexamethazon Cyclosporine Tacrolimus

Last Answer : Tacrolimus

Description : polycythemia vera ttt: -Myelosupression -Plephotomy -X ray therapy ______________

Last Answer : Plephotomy

Description : Adult P.t recived a vaccine ( i don't remeber the name ) After that he complain of itching , tachycardia and SOB What is the ttt? IV hydrocortizone 500 mg SC epinephrine

Last Answer : SC epinephrine

Description : to increase absorption of oral iron , give with: - Vit C - Vit E - Zinc - Ca - Antacid

Last Answer : Vit C

Description : Pt. with long hix of hyperthyroidism to screen about the complication of hyperthyroidism do: liver us Ct brain Bone scan (for osteoporosis)

Last Answer : Bone scan (for osteoporosis)

Description : diffuse abdominal pain , bleeding per rectum and fever 38.3 c , preceded by urinary infection 3 weeks back treated with AB , diagnosis : Ischemic colitis Amoebic colitis Pseudomembranous colitis

Last Answer : Pseudomembranous colitis

Description : patient came with MI 2 day after addmission develop. Sever abdominal pain and bloody diarrhea وفياشياتانيهنسيتهاDX Ischemic colitis

Last Answer : Ischemic colitis

Description : A patient presents with long time history of knee pain suggestive of osteoarthritis. Now he complains of unilateral lower limb swelling and on examination there is +ve pedal & tibial pitting edema ... appropriate investigation? a. CXR b. ECG c. Echocardiography d. Duplex ultrasound of lower limb

Last Answer : d. Duplex ultrasound of lower limb

Description : years old male diagnosis as case of gastric ulcer , culture -ve h.pylori pathology –ve of cancer ttt: proton pumb inhibitor antihistamine after 6-8 wk do endoscope after therapy referral to surgery

Last Answer : proton pumb inhibitor

Description : attributable risk factor is :::??? measurement of exposed and not have the disease mius those exposed and have the disease

Last Answer : measurement of exposed and not have the disease mius those exposed and have the disease

Description : ­Pt has a scaly hypopigmented macules on the chest and arms They seem even lighter under the sunlight,,, what is the ttt? (diagnosis Pityriasis alba or pityriasis versicolor) Topical steroid Na selinum

Last Answer : Na selinum

Description : pregnant woman with UTI which is the best antibiotics to be given if she has no allergy? nitrofurantoin ampicillin sulfatrimethoprim tetracyclin aminoglycoside

Last Answer : nitrofurantoin

Description : Patient with colon cancer stage 3 and chemotherapy was prefered so when do you start it? As soon as possible When the lab results normalized After psychological preperation No need to start

Last Answer : As soon as possible

Description : What is true about hormonal contraception? Decrease breast Ca Decrease ovarian Ca Contraindecated in diabetic women Increase risk of ectopic pregnancy

Last Answer : Decrease ovarian Ca

Description : What you will find in patient with idiopathic autonomic insuffeciency? Orthostatic hypotension Horner syndrome Anhydrosis Palpitation Diaphoresis

Last Answer : Orthostatic hypotension

Description : pt with pycosis on medication developed rigidity and uprolling eyes , afebrile : - Tradive dyskinesia

Last Answer : Tradive dyskinesia

Description : Which drug can not be use in acute cholysystits Naproxen Morphine Mepriden Acetamenophin Perdoxyphen

Last Answer : Morphine