L.L.M (Master Of Laws) PU-CET P.G 2016 Panjab University Entrance Exam With Answers

Practice Mode:
40.

The Status of a partner making capital contribution and advances to the firm is that of

A: Partner of the firm
B: Debtor of the Firm
C: Creditor of the firm
D: Both partner and creditor of the firm

The answer is: D