1.

Partners in a firm has different roles and liabilities, identify and explain the type of partner in a firm from the given examples: (a) Rama is a partner in a business who has no actual interest in business trade or its profits but she is paid fee by the firm for lending its name to firm. (b) What type of partner is Giri in Ram Hari & Co. Where he is an outsider but represent himself as a partner.

Answer»

ers are

a) NOMINAL PARTNER

b) partner by estoppel HOLDING out.

hope this will help you.



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