CA Foundation Exam  >  CA Foundation Questions  >  A person when himself told that he is a partn... Start Learning for Free
A person when himself told that he is a partner of the firm, then he is a: 
  • a)
    Partner by holding out 
  • b)
    Nominal partner 
  • c)
    Active partner 
  • d)
    Sleeping partner 
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
A person when himself told that he is a partner of the firm, then he i...
Nominal partner is one who allows his name and reputation to be used for the benefit of firm. He does not take part in management nor share the profits/losses of the firm. That's why he can say that he is the partner of the firm.
Community Answer
A person when himself told that he is a partner of the firm, then he i...
As he is not actually a partner through estoppel he says that he partner
Explore Courses for CA Foundation exam
A person when himself told that he is a partner of the firm, then he is a:a)Partner by holding outb)Nominal partnerc)Active partnerd)Sleeping partnerCorrect answer is option 'A'. Can you explain this answer?
Question Description
A person when himself told that he is a partner of the firm, then he is a:a)Partner by holding outb)Nominal partnerc)Active partnerd)Sleeping partnerCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A person when himself told that he is a partner of the firm, then he is a:a)Partner by holding outb)Nominal partnerc)Active partnerd)Sleeping partnerCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A person when himself told that he is a partner of the firm, then he is a:a)Partner by holding outb)Nominal partnerc)Active partnerd)Sleeping partnerCorrect answer is option 'A'. Can you explain this answer?.
Solutions for A person when himself told that he is a partner of the firm, then he is a:a)Partner by holding outb)Nominal partnerc)Active partnerd)Sleeping partnerCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of A person when himself told that he is a partner of the firm, then he is a:a)Partner by holding outb)Nominal partnerc)Active partnerd)Sleeping partnerCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A person when himself told that he is a partner of the firm, then he is a:a)Partner by holding outb)Nominal partnerc)Active partnerd)Sleeping partnerCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for A person when himself told that he is a partner of the firm, then he is a:a)Partner by holding outb)Nominal partnerc)Active partnerd)Sleeping partnerCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of A person when himself told that he is a partner of the firm, then he is a:a)Partner by holding outb)Nominal partnerc)Active partnerd)Sleeping partnerCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A person when himself told that he is a partner of the firm, then he is a:a)Partner by holding outb)Nominal partnerc)Active partnerd)Sleeping partnerCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev