Examveda
Examveda

A and B jointly purchased a tea shop. Each of them contributed half of the expense incurred for pottery and utensils. Then they leased out the shop and shared the rent equally. They are:

A. Partners

B. Co-owners

C. Co-obligants

D. Agent of each other

E. None of the above

Answer: Option B


This Question Belongs to Law >> Indian Partnership Act

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