which of the following is not a type of partner
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B) Co-partner is not a type of partner.
Partnership:
According to the Indian Partnership Act of 1932, a partnership is a connection between two or more people who agree to split the earnings of a business operated by them all or through one or even more people acting on their behalf.
Co-partner:
- When it comes to corporate ownership, the phrases "co-owner" and "partner" differ in several respects.
- The type and degree of their personal debt responsibility, their role in the administration as well as control of the organization, their personal stake in its profits
- And how much they are paid on that income will be determined by whether they are a co-owner or a partner of a corporation.
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