Multiple choice

Who among the following partners cannot bind the firm by his acts?

  1. Active partner

  2. Minor partner

  3. Sub-partner

  4. Nominal partner

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Sub-partner can not bind the firm by his acts. Active partner actively participates in the business. Nominal partner only lends his name to firm. Minor can be admitted to partnership with the consent of partners. All these can bind the firm by their acts.