A Partner in a Partnership Firm Should Make All Attempts

question 50

Multiple Choice

A partner in a partnership firm should make all attempts to take decisions that are in the best interest of the firm.This is related to the concept of _____.

• A) duty to serve
• B) duty to act within actual authority
• C) duty of care
• D) duty to account

---

Definitions:

Chalk Formation

A type of soft, white, porous sedimentary rock composed mainly of calcite or aragonite, formed from the skeletal remains of microorganisms.

Microscopic Organisms

Tiny life forms, often single-celled, that can only be seen with the aid of a microscope.

Limestone

A sedimentary rock composed primarily of calcite or dolomite, widely used in construction and manufacturing.

Calcium Carbonate

A naturally occurring compound found in rocks, shells, and marine organisms, used widely in the manufacturing and construction industries.