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Byju's Answer
Standard XI
Business Studies
Co-operative Societies
Raju, is a co...
Question

Raju, is a contractor, appointed by Ram Singh to manage his entire work. It was agreed that Ram Singh would receive 50% of the profits as his remuneration and would bear all the losses, if any. Here,Ram Singh is


A

Raju's partner

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B

Raju's agent

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C

Sole Proprietor

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D

All of the above

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Solution

The correct option is B

Raju's agent


Ram Singh is an agent.


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