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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
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B
X and Z
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C
X and W
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D
X, Z and W.
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Solution

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

Accountancy

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