Multiple choice

A partner is

  1. not entitled to receive any remuneration

  2. entitled to receive remuneration with the consent of other partners

  3. entitled to receive remuneration by an order of the court

  4. entitled to receive remuneration
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Option (1) is correct: Under Section 13 of the Partnership Act, a partner is not entitled to receive remuneration for taking part in the conduct of the business, but he has a share in the profits.

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