A was an employee in a partnership firm with a salary of Rs.50,000 pe – McqOptions

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1.	A was an employee in a partnership firm with a salary of Rs.50,000 per month and he will get a share of 30% in profits if the profits of the firmnnexceed Rs.5 lakhs. Now ‘A’ is called _____
A.	Partner of the firm
B.	Not a partner of the firm
C.	He cannot take share in profits
D.	is not entitled to any salary
Answer» C. He cannot take share in profits

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