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Justify the following statement. Active partners take active part in day to day management of partnership firm. - Organisation of Commerce and Management

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प्रश्न

Justify the following statement.

Active partners take active part in day to day management of partnership firm.

टिप्पणी लिखिए

उत्तर

  1. An active partner is also called a working partner. He brings in capital and also takes an active part in the business of the firm.
  2. He has unlimited liability and shares the profits and losses of the firm.
  3. He is also called a managing partner.
  4. Thus, active partners take an active part in the day to day management of the partnership firm.
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Partnership Firm
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अध्याय 4: Forms of Business Organisation - 1 - EXERCISE [पृष्ठ ९४]

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बालभारती Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
अध्याय 4 Forms of Business Organisation - 1
EXERCISE | Q 6. 11) | पृष्ठ ९४
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