Quote:
Originally Posted by TheUniter
Yes brother we must share knowledge so that we can capitalize on knowledge of one another. For now i have a question. I was solving past papers but the few questions could not be found in any book.
Q7. Write a comprehencive note on the relations of partners to one another.(From CE-2011).
Q6. State the rules for determining partner’s mutual relations.explain fully.(From CE-2010).
Please provide some references.
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following is covered under relation of partners to one another
1.General duties of partners to one another
2. Duty to indemnify for loss caused by fraud
3. Determination of rights and duties of partners by
contract between the partners.
4. The conduct of the business
5. Mutual rights and liabilities
6. The property of the firm.
7. Application of the property of the firm
8. Personal profits named by partners
9. Rights and duties of partners
about your second question here is my opinion..
mutual relationship i.e reciprocal relationship between partners is of an agent and principal so everything coming under this or arising because of this mutual relation should be discussed here..