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Commerce · Q2259

Accounting

Graduate and Post Graduate · Commerce · question 2259

Q2259

When a partner is given guarantee lay the other partner, loss on such guarantee will be borne by . . . . . . . .

A.
partner giving guarantee
Answer
B.
partner with highest ratio
C.
partnership firm
D.
all the other partners

Answer: Option A

Solution

Answer: Option A
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