篩選結(jié)果 共找出37題

?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?

Which of the following is true concerning partnerships and legal charges??

A

?Partnerships can grant fixed charges only?

B

?Partnerships can grant floating charges only?

C

?Partnerships can grant both fixed and floating charges?

D

?Partnerships cannot grant fixed or floating charges?

?Which of the following statements concerning retiring partners is correct??

A

?Retiring partners are not liable for any partnership debts after they leave?

B

Retiring partners are liable only for existing partnership debts when they leave, unless third parties?are notified that they have retired?

C

?Retiring partners are responsible for existing partnerships debts when they leave and partnership?debts incurred after their retirement, unless third parties are notified of their retirement?

D

?Retiring partners are only liable for partnership debts incurred after they leave?

?Which of the following is necessary to terminate a Limited Liability Partnership??

A

?It must be formally liquidated?

B

?A court order?

C

?An order from the Registrar of Companies?

D

?A deed signed by the partners?

?When an unlimited liability partnership is terminated, which of the following is paid off last out of funds?realised from the partnership assets??

A

?Partners' share of partnership profits?

B

?Partners' capital contribution?

C

?Partnership loans?

D

?External debts?

Under the Partnership Act 1890, which TWO of the following events will terminate an unlimited liability?partnership??

(1) Notice by a partner??

(2) The end of an agreed fixed period of time for the partnership??

(3) Absence of a partner?

?(4) Disagreement between the partners?

A

?1 and 2?

B

?1 and 3?

C

?2 and 3?

D

?3 and 4?