Question

2.Mr. Robi is the sole owner of the firm. He admits Mr.Alex as a partner on the following terms; 06

(a) Mr. Alex will not be responsible for any loss

(b) Mr. Alexis not to bring ant capital

(c) Mr. Alex is to have all the powers of a partner.

Discuss the legal position of Mr. Alex in the firm.

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Answer 1

Answer:

Mr. Alex is to have all the power's of a partner