Vidyalelo
Law · Q145

Indian Partnership Act

Graduate and Post Graduate · Law · question 145

Q145

A and B jointly purchased a tea shop. Each of them contributed half of the expense incurred for pottery and utensils. Then they leased out the shop and shared the rent equally. They are:

A.
Partners
B.
Co-owners
Answer
C.
Co-obligants
D.
Agent of each other
E.
None of the above

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board