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Assertion (A) : When something of valuable nature is acquired by a partner in breach of his duty in good faith, it is taken to be acquired for the benefit of all the partners and has to be accounted for to the firm.Reason (R) : Partnership is a trust.Codes :

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UGC NET PAPER 2 Law syllabus consists of:

Constitutional and Administrative Law
Jurisprudence
Law of Crimes
Public International Law
Law of Torts and Consumer protection
Comparative public law and systems of governance
Intellectual property rights
Family Law
Environment and Human rights law


Assertion (A) : When something of valuable nature is acquired by a partner in breach of his duty in good faith, it is taken to be acquired for the benefit of all the partners and has to be accounted for to the firm.<br />Reason (R) : Partnership is a trust.<br /><br />Codes :






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