MCQOPTIONS
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| 1. |
Liability of partners in respect of the firms debts is _______. |
| A. | imited up to the amount of his capital in the business |
| B. | nlimited |
| C. | imited up to the amount of guarantee given by the partner |
| D. | imited up the amount of his capital and loan to the firm if any |
| Answer» C. imited up to the amount of guarantee given by the partner | |