Question

Q2. According to the contract, Mr. Gupta loaned a heavy amount to the firm and in exchange he obtained the power of taking some decisions regarding the business. Besides, he charged
9% interest on the loan and also enjoyed a share of profits earned by the firm.
Can we consider Mr. Gupta a partner of the firm? Answer the question, giving reasons for it.​

Answer 1

Answer:

hyhnhunu Balakrishnan necessity yb