Q. Subject to contract between the partners, and pursuant to section 13 of the Indian partnership, thefollowing statement is correct: (Solved)
1. Partner is not entitled to interest on the capital subscribed by him
2. Partner is not entitled to interest on the advance made over and above the share of capital
3. Partner is not entitled to remuneration for taking part in the conduct of the business
4. All the above
- c. Partner is not entitled to remuneration for taking part in the conduct of the business