篩選結(jié)果 共找出680題

?Which of the following statements regarding partnerships is correct??

A

?A partnership must exist for more than a single business transaction?

B

?The business must be profitable?

C

?A partner can be an individual living person or a registered company?

In which form of partnership is there a partner that invests in the partnership but does not take part in the?day-to-day running of the business??

A

?Unlimited liability partnership?

B

?Limited partnership?

C

?Limited Liability Partnership?

?As a minimum, which of the following formalities is necessary to form an unlimited liability partnership??

A

?A written partnership agreement?

B

?A decision by the partners to set up business together?

C

?Registration of the partnership at Companies House?

A partner's actual authority to bind the partnership in a contract is determined by which of the following??

A

?The perception third parties have of the purpose of the partnership?

B

?What is agreed between the partners?

C

?The actual purpose of the partnership?

?Which of the following describes the liability of new partners for partnership debts??

A

?New partners are ordinarily liable for all partnership debts?

B

?New partners are ordinarily liable for partnership debts in existence when they became a partner?

C

?New partners are ordinarily liable for partnership debts that occur after they become a partner?

?Under the Partnership Act 1890, which of the following events will cause a partnership to be terminated??

A

?Loss of 50% of the partnership's capital?

B

?The partnership incurring losses for three consecutive years?

C

?Bankruptcy of a partner?

?When a partnership is terminated, which of the following is paid off first from the funds raised from the sale?of assets??

A

?External debts?

B

?Loans from partners?

C

?Partners' capital contributions?

Which of the following statements regarding Limited Liability Partnerships is correct??

A

A written partnership agreement is required to form the partnership?

B

?The partnership dissolves when a partner leaves?

C

?The partnership must have two designated members who are responsible for the publicity?requirements of the partnership?

D

?The partnership is exempt from audit?

Which of the following is true regarding Limited Liability Partnerships??

A

?The partnership is liable for its own debts?

B

?The partnership does not need to file accounts with the Registrar of Companies?

C

?One partner may not take part in the day-to-day running of the partnership?

D

?Where the partnership cannot pay its own debts, the partners are jointly liable up to an amount they?have guaranteed?

When forming an unlimited liability partnership, a partnership agreement may be written.??Which TWO statements regarding written partnership agreements are correct??

(1) Terms in the agreement override terms implied by the Partnership Act 1890

?(2) Written partnership agreements are required by law where there are more than 20 partners in the?partnership?

?(3) Written partnership agreements must be in the form of a deed?

(4) Written partnership agreements are not required on formation and may be created at any point in the?life of the partnership?

A

?1 and 2?

B

?1 and 4?

C

?2 and 3?

D

?3 and 4?