हिंदी

What is the Relationship Between Co-venturers? - Book Keeping and Accountancy

Advertisements
Advertisements

प्रश्न

What is the relationship between co-venturers?

Advertisements

उत्तर

Co-venturers’ act on the principle of mutual agency. There exists a principal and agent relationship among the co-venturers in a joint venture. They may bind the other co-venturers by their acts and as a principal, they shall be bound by the acts of the other co-venturers.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
2011-2012 (March)

APPEARS IN

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×