Question

Rahim, Krishan, Arjun and Shiva are partners in a partnership business Rahim shares profits and losses, assumes unlimited liability, but does not take part in the affairs of the business. The public is not aware of the presence of Krishan but in al other respects, he is like an active partner. Arjunenjoys

good reputation in the market and has allowed the firm to use his name but he has neither contributed any capital not does he take part in the management of the business. Shiva is only 16 years old and has been admitted for the benefit of the partnership firm with the consent of al partners. (a) How many partners can a partnership business have (e) Identify the values which according to you mot pertners

(b) Who is a nominal partner in the above case and how he label for be able (c) What kind of partner is Krishan? Explain (d) Is Shiva a legal partner? Can he be hed llabie Veoilities of the in

n forming the padnersnip​

Answer 1

Answer:

I don't have time for your question please do it in short Cart

Explanation:

sorry for this