Relationship between the partners is of
Relationship between the partners is of
a) Close relatives
b) Agent and Principal
c) Junior-Senior Relationship
d) Senior-Subordinate Relationship
Anurag Pathak Changed status to publish April 9, 2023
Ans – b)
Explanation:-
The relationship among the partners is of Agent and the Principal.
As an agent, a partner represents other partners and thereby, binds them through his acts.
As a Principal, He is bound by the act of other partners.
Anurag Pathak Changed status to publish April 4, 2023
