Business Studies, asked by mumukshuk, 6 months ago

"Every partner is both agent and a principal". Identify the related features of partnership form of business organization

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Answered by Anonymous

The agency relationship is the foundation of partnership. ... In other words, in a partnership ,a person must not act for himself alone,but for other partners also,Thus,each partner is a representative of all other partners.

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Answered by venkatgnab

Answer:

Explanation:

the partner represents himself as well as firm

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"Every partner is both agent and a principal". Identify the related features of partnership form of business organization​

Answers

"Every partner is both agent and a principal". Identify the related features of partnership form of business organization