MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Salary/Commission

is one who be...

Question

_________ is one who becomes partner by an agreement and is actively engaged in the business of the firm.

A

Active partner

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Dormant partner

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Nominal partner

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Outgoing partner

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Active partner
Option A is the correct answer.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Dinesh becomes a partner in the firm by agreement but never takes active part in the conduct of the business of the firm, in this situation he is known as a ________.

Q. A partner who does not get actively involved in business is a _________ partner.

Q. A partner who never takes active part in the conduct of the business of the firm, is known as _________________.

Q. A partner who has not entered into a partnership agreement and conducts or represents himself as a partner in a firm is called _____________.

Q. A partner who contributed capital in the Finn but does not actively participate in the working of the business is called ______________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Calculating Salary/Commission

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Salary/Commission

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon