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Write the type of partner described by each of the followingstatements(i) One who is below 18years of age(ii) One who has unlimited liability(iii) One who...

Write the type of partner described by each of the following
statements
(i) One who is below 18 years of age
(ii) One who has unlimited liability
(iii) One who gets involved in the daily running of the business
(iv) One who allows his/her name to be used in the business

Answers


Kavungya
(i) Minor partner
(ii) General partner
(iii) Active partner
(iv) Nominal/ Quasi partner
Kavungya answered the question on April 3, 2019 at 08:50

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