Q.

Which of these sharing arrangements reflects a partnership?

A. By a lender of money to persons engaged or about to engage in any business
B. By a servant or agent as remuneration
C. By a partner who does not actively engage himself in the day to day business affairs
D. By the widow or child of the deceased partner as annuity
Answer» C. By a partner who does not actively engage himself in the day to day business affairs
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