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Law · Q173

Indian Partnership Act

Graduate and Post Graduate · Law · question 173

Q173

Section 13(a) of the Indian Partnership Act, 1932 provides for

A.
Payment of remuneration to a partner as a matter of right
B.
Payment of remuneration to a partner only when there is an agreement to that effect between the partners
Answer
C.
Non-payment of remuneration to a partner only when there is an agreement to that effect between the parties
D.
Both (A) and (C)

Answer: Option B

Solution

Answer: Option B
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