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Law · Q149

Indian Partnership Act

Graduate and Post Graduate · Law · question 149

Q149

A person who has lent money to a person or firm engaged in a business and has agreed to take a proportion of the profits of the business in addition to or in lieu of his interest, does not by that reason alone becomes a partner, in the business, has been laid down in

A.
Badeley v. Consolidated Bank
Answer
B.
Janes v. Whitbread
C.
Marconis Wireless Telegraph Co. v. Newman
D.
Price v. Groom

Answer: Option A

Solution

Answer: Option A
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