Vidyalelo
Commerce · Q2301

Accounting

Graduate and Post Graduate · Commerce · question 2301

Q2301

The liability of a partner in respect of the firm's debt is limited upto the amount to:

A.
his capital in the firm
B.
his capital and loan given to the firm
C.
his guarantee to reimburse losses
D.
his share of capital and private property
Answer

Answer: Option D

Solution

Answer: Option D
No explanation is given for this question Let's Discuss on Board