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

CS CSEET · Business Environment and Entrepreneurship & Business Management, Ethics and Communication · PYQS · December 2013
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
(B) X and Z
(C) X and W
(D) X, Z and W.

Answer & Explanation:

Correct Answer: Option (C)

Correct answer: (C) X and W.

Topics: Business Laws

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