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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 1 · Set 1 · Q6
Assertion (A) : Each partner is a principal as well as an agent for all the other partners. Reason (R) : As per the definition of Partnership Act, partnership business may be carried on by all the partners or any of them acting for all. Choose the correct option from the following :
Official answer
From CBSE’s own marking scheme for this paper.
(B)
Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A)
Marking-scheme solution
(B)
Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of
Assertion (A).
Read the following………………………..
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CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.