Which of the following cannot be claimed by a partner as a matter of right?
Under s.13(a), a partner is not entitled to remuneration for taking part in the business unless expressly agreed, so "Right to receive remuneration" cannot be claimed as of…
Choose your answer
Which of the following cannot be claimed by a partner as a matter of right?
Answer and explanation
Correct answer D
Under s.13(a), a partner is not entitled to remuneration for taking part in the business unless expressly agreed, so "Right to receive remuneration" cannot be claimed as of right, unlike the rights to take part in business, access account books and share profits.
Practice for these exams
-
UGC NET Law
Subject revision
See pack details on LawMint.net -
University of Delhi LL.M.
-
CUET PG Law (LL.M.)
Subject revision
-
Uttarakhand Judicial Services
Subject revision