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Are partners principal to the firm or only agents of firm?

  • parpellakerala
  • Jul 25, 2022
  • 1 min read

In a partnership, a person must not act for himself alone, but for other partners also, Thus, each partner is a representative of all other partners. And he acts in both capacities i.e., as an agent as well as a principal.

 
 
 

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