Teaching Business Studies Forms Of Business Organisation Question Bank MCQ - Forms of Business organisations

  • question_answer
    Which of the following statement(s) is/are correct?
    I. A nominal partner is not liable for any liabilities or debtor to the shareholder of the company.
    II. A secret partner take active part in business.
    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

    Correct Answer: B


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