Question

The relation of the partner with the firm is that of
a. An owner
b. An agent and A Principal
c. An agent

Answer 1

Answer:

an agent

Explanation:

A partnership is a relationship between partners who agree to share the profits of the business. On the other hand, if he acts for and in the interest of his partners, then he is acting as an agent. It is important to note that a partner is an agent only or the purpose of business of the firm