wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Which of the following are the rights of a partner in a partnership firm?
X. To take part in the conduct and management of the business.
Y. To receive remuneration for active working in the firm
Z. To receive interest on the capital invested in the firm
W. To receive share in the profit
Correct option is _________.

A
X and Y
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
X and Z
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
X and W
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
X, Z and W.
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C X and W
Option C is the correct answer.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Calculating Interest on Capital
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon