MCQOPTIONS
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| 1. |
Which of the following statement(s) is/are correct? I. Partner by Estoppel is liable to the debt of the company. II. Nominal partner is non-liable to the debt of the company. Select the correct answer using the codes given below |
| A. | Only I |
| B. | Only II |
| C. | Both I and II |
| D. | Neither I nor II |
| Answer» B. Only II | |