Is a partner entitled to receive remuneration for the conduct of the business of the firm?
Under s.13(a) a partner is not entitled to remuneration for taking part in the conduct of the business unless there is a contract to that effect, so the answer is "yes if…
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Is a partner entitled to receive remuneration for the conduct of the business of the firm?
Answer and explanation
Correct answer A
Under s.13(a) a partner is not entitled to remuneration for taking part in the conduct of the business unless there is a contract to that effect, so the answer is "yes if there is such a contract between all the partners".
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