New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The partners’ liability in a partnership is

    _____
    A Unlimited Correct Answer Incorrect Answer
    B Limited to the Capital of the business Correct Answer Incorrect Answer
    C Limited Correct Answer Incorrect Answer
    D Both a or c Correct Answer Incorrect Answer
    E Both a or b Correct Answer Incorrect Answer

    Solution

    Partners have an unlimited personal liability towards their firm.

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