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Forms of Business Organisation-1 — OCM STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceOCMForms of Business Organisation-12 Marks
Question
Partners are agents of one another, what does it mean ?
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Answer

  • Partnership Firm is managed by all or by one or more persons on behalf of all consequence of business are horned by all, as per the contract. So it is said that each partner is an agent of the other partner.

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