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Teaching Business Studies Forms Of Business Organisation Question Bank MCQ - Forms of Business organisations

  • question_answer
    ‘Mutual agency’ relationship means that

    A)  Each partner is both a creditor and debtor

    B)         Each partner is both an agent and principal

    C)         Each partner is both owner and shareholder

    D)         each partner is both shareholder and debenture holder

    Correct Answer: B

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