Q167
A dormant is that partner
A.
Who has taken part in the conduct of the business as partner and is not liable for the act of the firm
B.
Who has never taken part in the conduct of the business as a partner and is not liable for the act of the firm
C.
Who has never taken part in the conduct of the business as a partner but is liable for the act of the firm
AnswerD.
Who, due to his special status, has nothing to do with the loss of the business and is entitled to the profit only
Answer: Option C
Solution
Answer: Option C
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