Are partnerships that provide professional and noncommercial assistance or advice. Trading partnerships

Non-trading partnerships

General partnerships

Hi Special partnerships

Non-trading partnerships

Explanation:

The non-trading partnership is a partnership that provides the professional and uncommercial advice or suggestions in terms of legal, medical, accounting, etc. Here all the partners have an active role for managing the business also they have unlimited liability with respect to any claim that against the firm

Therefore as per the given situation, the second option is correct

answer; buying the bill at a discount from the face value to be received at maturity;