Assertion (A) : |
Partners are both 'Agents' and 'Principals'. |
Reason (R) : |
As an agent, a partner represents other partners and binds them through his acts. As a principal, he is bound by the act of other partners. |
A) Assertion and Reason both are correct and Reason is the correct explanation of assertion
B) Assertion and Reason both are correct but Reason is not correct explanation of assertion
C) Only Assertion is correct
D) Reason is correct but Assertion is not correct
Correct Answer: A
Solution :
Assertion and Reason both are correct and Reason is the correct explanation of assertionYou need to login to perform this action.
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