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Under the Indian Partnership Act, 1932, receipt of a share of profits by a servant or agent as…

Explanation 2(b) to section 6 provides that receipt of a share of profits by a servant or agent as remuneration does not of itself make him a partner, as such payment is…

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Under the Indian Partnership Act, 1932, receipt of a share of profits by a servant or agent as remuneration:

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Correct answer B

Explanation 2(b) to section 6 provides that receipt of a share of profits by a servant or agent as remuneration does not of itself make him a partner, as such payment is consistent with mere employment or agency.

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