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प्रश्न
‘The business of a partnership concern may be carried on by all the partners, or any of them acting for all.’ The above statement highlights which of the following features of partnership?
पर्याय
Mutual Agency
Agreement
Sharing of Profit
Business
MCQ
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उत्तर
Mutual Agency
Explanation:
In a partnership, each partner is both a principal and an agent of the firm. So the business can be carried on by all partners together or by any one partner acting on behalf of all, and that partner’s acts (within the scope of the business) bind the firm. This defining feature is called mutual agency.
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