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What is the nature of liability of partners? - Business Studies

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प्रश्न

What is the nature of liability of partners?

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उत्तर

Unlimited, which means they may have to sell personal assets to cover the firm’s debts.

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अध्याय 17: Various Business Entities - EXERCISES [पृष्ठ २५५]

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गोयल ब्रदर्स प्रकाशन Business Studies [English] Class 12 ISC
अध्याय 17 Various Business Entities
EXERCISES | Q I. C. 9. | पृष्ठ २५५
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