Discussion Forum : Forms Of Business Organisation
Question -


State True or False. The partners are not liable to repay any debt. 

Options:
A .   True 
B .   False
C .   Partnership at will
D .   Particular partnership
Answer: Option B
:
B

False. The partners are liable to repay debts even from their personal belongings, in case if the assets of the company are not sufficient to meet the debts. 



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