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Is a sleeping partner liable to the acts of other partners? - Accounts

Is a sleeping partner liable to the acts of other partners?

Very Short Answer

Yes, a sleeping partner is liable to the acts of other partners.

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Chapter 1: Accounting for Partnership Firms - Fundamentals - SHORT ANSWER QUESTIONS [Page 1.127]

Chapter 1 Accounting for Partnership Firms - Fundamentals
SHORT ANSWER QUESTIONS | Q 12. | Page 1.127

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