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Salary/Commission

A notice give...

Question

A notice given to a tantamount to notice given to the firm itself .

A

Active partner

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B

Sleeping partner

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C

Minor partner

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D

Retire partner

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Solution

The correct option is A Active partner
Option A is right. He takes active participation in the business of the firm. He contributes to the capital, has a share in the profit and also participate in the daily activities of the firm.'

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